126-128 Prescott St

Prime investment or owner-occupier opportunity in downtown Kemptville: a newly renovated 3,028 sq ft mixed-use commercial building. All permits were ov The ground floor features two commercial spaces totaling 1560 sq ft—a boutique clothing store and an aesthetic salon/office—providing steady rental income. The upstairs 912 sq ft unit is a fully furnished 2- bedroom, 2-bathroom Airbnb with modern amenities, ideal as a residence or long-term rental. The Airbnb can be professionally managed or managed by the owner. This turnkey investment offers a gross operating income of $84,000 and operates at a 5% cap rate, ensuring strong financial performance. Zoned C1-Downtown Commercial, the property allows for diverse uses and future development potential, complemented by a rear parking lot. Live upstairs while collecting rent from commercial tenants below, or rent out both spaces. Just 30 minutes from Ottawa, this property features the best of a maximized mixed-use investment.

🏢 🚀 Unveiling a Game-Changer in Kemptville! 🏡 💼
Get ready to redefine your future with this INCREDIBLE mixed-use property at 126-128 Prescott Street, Kemptville, ON. This historic gem is a fully occupied, two-story, all-brick building offering endless possibilities.

🌆 Prime Downtown Location: Nestled in the heart of Kemptville’s bustling downtown, this property boasts 3,028 sq ft of interior space and 6,705 sq ft of site area with ample parking (10-12 spaces) - ideal for both commercial and residential tenants.

🏡 Versatile Zoning: The property features C1-Downtown Commercial zoning, allowing for a myriad of uses. The ground floor has two commercial spaces totaling 1,560 sq ft—a chic clothing boutique and an aesthetics salon—providing steady rental income. The upstairs 912 sq ft unit is a luxurious 5-star Airbnb, perfect for short-term stays or long-term rentals, making it an ideal residence or investment.

✨ Charming Vintage Vibes: Built in the 1900s, this beauty showcases original molding and brick on the front facade, creating a timeless ambiance. And guess what? It’s NOT zoned heritage!

🛍️ Commercial Perfection: The ground floor retail spaces are expansive, chic, and flexible, with street-level visibility and foot traffic that only downtown Kemptville can offer. Plus, there’s a renovated basement for additional storage needs.

🚗 Rear Parking: A Developer’s Dream – But wait, there’s more! Step outside to discover an expansive rear parking lot with untapped development potential. Dreaming of extending your retail empire or adding more residential units? The sky’s the limit! With ample space and zoning possibilities, you have a blank slate to manifest your most ambitious real estate aspirations.

🌟 Endless Opportunities: The C1-Downtown Commercial zoning opens doors to numerous business possibilities, from art galleries to offices, bakeries to health clinics, and beyond!

🚗 In Ontario’s Fastest-Growing Community: Kemptville is booming, located just 30 minutes from Ottawa, offering amenities galore, and with exciting new developments underway.

💼 Investor’s Paradise: With Kemptville’s low commercial vacancy rate and rising rental rates, this property is not just a smart investment; it’s your ticket to financial success!

🎬💌 From Hallmark Screen to Your Reality: The Ultimate Blend of Flexibility, Modernity, and a Dash of Hollywood! Did you know this property was the Post Office in a Hallmark movie titled “Valentine Nebraska”? Yes, step into a home and business space that’s already enjoyed its share of fame! Come own a piece of real estate that’s not only practical but also has a pinch of cinematic history. Your future here is as limitless as your imagination and as romantic as a Hallmark movie! 🌟🎥

🏡 Residential Elegance & Commercial Utility: A Serene Retreat - Journey upstairs to discover a 912 square-foot, 2-bedroom, 2-bathroom apartment that sets the standard for modern living. Elegance meets functionality with high-end features like a master suite that rivals any 5-star hotel and living spaces that invite relaxation and entertainment alike. Don’t overlook the kitchen, a culinary sanctuary equipped with granite countertops and state-of-the-art appliances, complemented by a sleek, modern fireplace that adds a touch of coziness.

👷‍♂️🛠 Upgrades Include 👷‍♂️🛠
🏠 Apartment (second story) 2 Bedrooms, 2 Baths

• New AC units 2022 (with warranty)
• New Hot Water On Demand 2022 (with warranty for residential unit)
• New Furnace 2022 (with warranty)
• 100 amp disconnect 2022 (individually metered)
• New Appliances 2022 (with Warranty: fridge, stove, microwave, dishwasher, washer & dryer)
• Updated Custom Kitchen with Granite
• Main Bath fully updated 2022
• Ensuite Bath fully updated 2022
• New modern fireplace 2022 updated
• Tile and hardwood flooring updated 2022
• Trim, doors, and light fixtures updated 2022
• Window Blinds updated 2022

🏢 Commercial Unit

• New AC units 2022 (with warranty)
• Hot Water Tank Owned
• 200 amp disconnect (individually metered) 2022
• 2 piece washroom fully updated (2022)
• Commercial grade flooring, trim, paint and fixtures, fully renovated 2022

⭐️ Don’t Miss This Opportunity! If you’ve been seeking a real estate investment that aligns perfectly with both lifestyle and business aspirations, look no further. Your search ends here, at this downtown Kemptville masterpiece. Opportunities like this are rare, so act fast and make this ultimate fusion of commercial and residential luxury yours today!