
Welcome to this remarkable commercial retail located in the coveted neighborhood of Prescott. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $465,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Own a piece of local history while investing in your future! Formerly home to the well-known Mary Kay Shoppe, this landmark mixed-use building is ready for its next chapter. Offering approximately 1,135 sq. ft. on each level, this versatile property combines prime commercial space on the main floor with a spacious residential apartment above, making it an exceptional opportunity for entrepreneurs, investors, or those dreaming of living where they work.The street-level commercial space offers excellent exposure & features a bright retail area, change rooms, office/storage space, & a bathroom, providing endless possibilities for a boutique, professional office, salon, specialty shop, or countless other business ventures.Upstairs, you'll find a bright & welcoming residential unit featuring a large screened-in porch, spacious eat-in kitchen, dining room, living room, bedroom, office, & bathroom. Whether you choose to live upstairs while operating your business below or generate rental income to help offset your mortgage, the flexibility of this property is hard to beat.Positioned in a high-traffic location beside RBC and directly across from the LCBO, your business will benefit from exceptional visibility and steady pedestrian and vehicle traffic. 3 dedicated parking spaces at the rear of the building provide added convenience for owners, staff, or tenants. With some vision & cosmetic updates, this property is ready to be transformed into something truly special. As the downtown core continues to experience revitalization and renewed investment, opportunities like this are becoming increasingly rare. Whether you're an investor, entrepreneur, or visionary looking to establish your business in a thriving community, this is your chance to secure a prominent location with unlimited potential. Don't just invest in real estate-invest in your future, your business, and a building with a story that's ready for its next successful chapter. BUILDING ONLY, NOT BUSINESS for sale!
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This commercial retail located at 314-316 King Street, Prescott is currently for sale and has been available on SousaSells for 44 days. This property is listed at $465,000 with an estimated mortgage of $1,548* per month. It has 0 beds, 2 bathrooms, and is unknown square feet. 314-316 King Street, Prescott is in the Prescott neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Prescott, Prescott.
First-time home buyers, professionals, or investors seeking value.
None listed
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Prescott or researching Prescott real estate for sale, this commercial retail at 314-316 King Street, Prescott, ON offers an exceptional opportunity to buy a home in Prescott, Ontario. Whether you are a first-time Prescott home buyer or comparing active Prescott MLS® homes for sale, working with a dedicated Prescott buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified Prescott real estate listings, compare active Prescott houses for sale, and view brand new MLS® inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Prescott realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $1,548*/month*. Estimated Ontario Land Transfer Tax: $5,775. First-time Prescott home buyers may qualify for up to $8,475 in rebates.
The current listing price for 314-316 King Street, Prescott, ON in Prescott, Prescott is $465,000.
This property features null bedrooms and 2 bathrooms.
314-316 King Street, Prescott, ON is a Commercial Retail () featuring a basement.
Security features include: No.
Heating is provided via standard central heat and cooling via Partial.
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Prescott, Prescott
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 314-316 King Street W, Prescott, ON K0E 1T0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Prescott.
About Purchasing a Home in Prescott, ON
For a property listed at $465,000 in Prescott, the legal minimum down payment is $23,250 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,775 for this transaction. As this listing is in Prescott (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,775.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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