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7 Leven Rd - The Knowe 3,000 SF Retail Condo Unit Offered at $384,646 CAD in Kennoway KY8 5JH
Investment Highlights
- FANTASTIC OPPORTUNITY TO ACQUIRE A MIXED-USE COMMERCIAL PROPERTY WITH RESIDENTIAL ACCOMODATION
- HEAVILY DISCOUNTED FOR AUCTION SALE*** Potential rental yield of 21.62% based on guide price!
- SITUATED ON SHOREHEAD CLOSE TO THE WATERFRONT, BEST PITCH IN LEVEN!
Executive Summary
FANTASTIC OPPORTUNITY TO ACQUIRE A MIXED-USE COMMERCIAL PROPERTY WITH RESIDENTIAL ACCOMODATION***SITUATED ON SHOREHEAD CLOSE TO THE WATERFRONT, BEST PITCH IN LEVEN***HEAVILY DISCOUNTED FOR AUCTION SALE***IDEAL FOR INVESTORS, BUSINESS OWNERS, OR THOSE SEEKING A LIVE-WORK OPPORUNITY*** Potential rental yield of 21.62% based on guide price! The commercial unit benefits from a visible street frontage and flexible internal space suitable for a variety of uses including retail, office, café, restaurant or service-based businesses (subject to any required consents). The property enjoys good foot traffic and accessibility, making it well positioned for local trade. It is positioned right next to the main bus station. Above the commercial space is a self-contained residential unit, providing comfortable living accommodation. This creates the potential for additional rental income or the convenience of living on-site while operating a business below. ***KEY FEATURES*** - Prominent mixed-use investment opportunity - Ground floor commercial premises that would split into 2 units very easily - Private car park - Self-contained residential accommodation - Located in a central coastal position in Leven - Estimated annual rental income of £40,000 - Suitable for owner-occupiers, investors, or live-work use - Would suit a national tenant ***RESIDENTIAL UNIT*** - 3 Bedroom - 1 Bathroom - Kitchen - Lounge - In need of modernisation and upgrading ***RECENT NEARBY RESIDENTIAL PROPERTY SALES*** - 8 Glencairn Gardens, Leven, KY8 5NE - Detached - 4 bedroom - SOLD DEC'25 - £375,100 - 6 Main Street, Leven, KY8 6EJ - 4 bedroom - SOLD DEC'25 - £360,000 - 41 Law View, Leven, KY8 5FQ - 4 bedroom - SOLD DEC'25 - £335,000
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 19.05% | Sale Conditions | Auction Sale |
| No. Parking Spaces | 10 |
| Sale Type | Investment |
| Cap Rate | 19.05% |
| No. Parking Spaces | 10 |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
Potential rental yield of 21.62% based on guide price!
The commercial unit benefits from a visible street frontage and flexible internal space suitable for a variety of uses including retail, office, café, restaurant or service-based businesses (subject to any required consents). The property enjoys good foot traffic and accessibility, making it well positioned for local trade. It is positioned right next to the main bus station.
Above the commercial space is a self-contained residential unit, providing comfortable living accommodation. This creates the potential for additional rental income or the convenience of living on-site while operating a business below.
***KEY FEATURES***
- Prominent mixed-use investment opportunity
- Ground floor commercial premises that would split into 2 units very easily
- Private car park
- Self-contained residential accommodation
- Located in a central coastal position in Leven
- Estimated annual rental income of £40,000
- Suitable for owner-occupiers, investors, or live-work use
- Would suit a national tenant
***RESIDENTIAL UNIT***
- 3 Bedroom
- 1 Bathroom
- Kitchen
- Lounge
- In need of modernisation and upgrading
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 8 Glencairn Gardens, Leven, KY8 5NE - Detached - 4 bedroom - SOLD DEC'25 - £375,100
- 6 Main Street, Leven, KY8 6EJ - 4 bedroom - SOLD DEC'25 - £360,000
- 41 Law View, Leven, KY8 5FQ - 4 bedroom - SOLD DEC'25 - £335,000
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 3,000 SF | Retail | $384,646 CAD ($128.22 CAD/SF) | $73,260.40 CAD |
Unit 2
| Unit Size |
| 3,000 SF |
| Condo Use |
| Retail |
| Price |
| $384,646 CAD ($128.22 CAD/SF) |
| NOI |
| $73,260.40 CAD |
Unit 2
| Unit Size | 3,000 SF |
| Condo Use | Retail |
| Price | $384,646 CAD ($128.22 CAD/SF) |
| NOI | $73,260.40 CAD |
| Sale Type | Investment |
| Cap Rate | 19.05% |
| No. Parking Spaces | 10 |
| Tenure | Freehold |
| Sale Conditions | Auction Sale |
| Description | |
| FANTASTIC OPPORTUNITY TO ACQUIRE A MIXED-USE COMMERCIAL PROPERTY WITH RESIDENTIAL ACCOMODATION***SITUATED ON SHOREHEAD CLOSE TO THE WATERFRONT, BEST PITCH IN LEVEN***HEAVILY DISCOUNTED FOR AUCTION SALE***IDEAL FOR INVESTORS, BUSINESS OWNERS, OR THOSE SEEKING A LIVE-WORK OPPORUNITY***<br> <br> Potential rental yield of 21.62% based on guide price!<br> <br> The commercial unit benefits from a visible street frontage and flexible internal space suitable for a variety of uses including retail, office, café, restaurant or service-based businesses (subject to any required consents). The property enjoys good foot traffic and accessibility, making it well positioned for local trade. It is positioned right next to the main bus station.<br> <br> Above the commercial space is a self-contained residential unit, providing comfortable living accommodation. This creates the potential for additional rental income or the convenience of living on-site while operating a business below.<br> <br> ***KEY FEATURES***<br> - Prominent mixed-use investment opportunity<br> - Ground floor commercial premises that would split into 2 units very easily<br> - Private car park<br> - Self-contained residential accommodation<br> - Located in a central coastal position in Leven<br> - Estimated annual rental income of £40,000<br> - Suitable for owner-occupiers, investors, or live-work use<br> - Would suit a national tenant<br> <br> ***RESIDENTIAL UNIT***<br> - 3 Bedroom<br> - 1 Bathroom<br> - Kitchen<br> - Lounge<br> - In need of modernisation and upgrading<br> <br> ***RECENT NEARBY RESIDENTIAL PROPERTY SALES***<br> - 8 Glencairn Gardens, Leven, KY8 5NE - Detached - 4 bedroom - SOLD DEC'25 - £375,100<br> - 6 Main Street, Leven, KY8 6EJ - 4 bedroom - SOLD DEC'25 - £360,000<br> - 41 Law View, Leven, KY8 5FQ - 4 bedroom - SOLD DEC'25 - £335,000</li></ul> | |
| Sale Notes | |
| See website for details</li></ul> |
Property Facts
| Total Building Size | 3,000 SF | Year Built | 1900 |
| Property Type | Retail (Condo) | Tenancy | Single |
| Floors | 1 | Parking Ratio | 10/1,000 SF |
| Typical Floor Size | 3,000 SF |
| Total Building Size | 3,000 SF |
| Property Type | Retail (Condo) |
| Floors | 1 |
| Typical Floor Size | 3,000 SF |
| Year Built | 1900 |
| Tenancy | Single |
| Parking Ratio | 10/1,000 SF |
Nearby Major Retailers
Presented by
Online Property Auction Group
7 Leven Rd - The Knowe
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