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Investment Highlights

  • Historic mixed-use building featuring street-level commercial space and a residential apartment above, offering flexible owner-user or investment.
  • Residential unit includes a screened-in porch, eat-in kitchen, living room, office, and bedroom, creating an attractive live-work opportunity.
  • High-visibility downtown location beside RBC and across from the LCBO provides consistent exposure to both pedestrian and vehicle traffic.
  • Three dedicated rear parking spaces add convenience for owners, tenants, employees, and customers.

Executive Summary

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!

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,376 SF
Building Class
C
Year Built
1900
Price
$465,000 CAD
Price Per SF
$195.71 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Parking
3 Spaces (1.26 Spaces per 1,000 SF Leased)
Frontage
29’ on King W

Amenities

  • Signage
  • Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

TD Canada Trust
Chuck's Roadhouse Bar & Grill
Tim Hortons
  • Listing ID: 41582347

  • Date on Market: 2026-08-06

  • Last Updated:

  • Address: 314 King St W, Prescott, ON K0E 1T0

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