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CAONBrockvilleBrockville260 King St W
Listing image | Image 1

260 King St W, Brockville, ON

House

For Sale

Listed price in listed location currency (CAD).
$3,495,000

03100

MLS® X13577812

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage Outside/Surface
Taxes $5,962
Days Active 3
Lot Size 1.18
Approx. Age 
MLS® Number X13577812

Property Address: 260 King St W, Brockville, ON, K6V3S1

Average square foot calculated using Size range provided by listing agent.

Description

This offering presents an opportunity to acquire a downtown Brockville retail investment on King Street West, comprising approximately 21, 000 sq. ft. of main floor retail space together with approximately 11, 000 sq. ft. of second-floor mezzanine area. The property is fully leased to a single tenant under a net, carefree lease extending to April 2028. Based on the 2028 rental rate, the current asking price reflects an approximate 5.68% market capitalization rate. The tenant has successfully operated from this location for approximately five years and holds one (1) additional five (5) year renewal option at fair market rent, exercisable with a minimum of six (6) months' prior written notice. The lease also includes a valuable redevelopment clause, permitting the Landlord to terminate the tenancy upon 120 days' written notice to recapture vacant possession for reconstruction, redevelopment, demolition, or a change of use. This provides investors with stable in-place income while preserving a contractual pathway to future redevelopment and highest-and-best-use opportunities. The sprinklered building features ceiling heights of approximately 20 feet on the western portion of the main floor, with approximately 10-foot clearance beneath the mezzanine. The property is improved with a commercial building originally constructed in 1972 as a Canadian Tire store. It was expanded in 1991 and converted to furniture retail use in 1999. The current tenant operates one of a three-store thrift and consignment retail chain. Strategically located in Brockville's downtown core, the property is situated adjacent to Metro Grocery and Circle K, occupying a prominent corner location at King Street West and Gilmour Street, less than one block from the Brockville Arts Centre. The location benefits from excellent exposure, strong pedestrian activity, and convenient access to the surrounding commercial district. Serving a regional population extending well beyond its municipal boundaries
MLS® NumberX13577812
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageOutside/Surface
Approx. Age
Basement
DrivewayGarage Type:Outside/Surface
Garage Spaces
HeatGas Forced Air Open
A/CYes

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

--

Today, For Sale for $3,495,000

For Sale · 3 days

$3,495,000

MLS® X13577812

4 days ago

Not Sold Yet

July 2026, For Sale for $3,495,000

For Sale · 3 days

$3,495,000

MLS® X13577812

4 days ago

Not Sold Yet

June 2026, Withdrawn for $598,500

Withdrawn · 166 days

$598,500

MLS® X12695678

22 days ago

Canceled on Jun 30, 2026

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