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Christine Domina
Real Estate Smarts - Christine Domina
christine@realestatesmarts.ca +1(416) 873-4747$1,690,000
Est. payment /mo
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Bowmanville
MLS Listing ID E12385650
Annual Tax Amount $8,633
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Premium Investment Opportunity in Bowmanville's vibrant Downtown core. This beautifully restored heritage building, originally The Royal Theatre (c. 1914) offers timeless charm, modern upgrades, & solid income potential. Over 6,000 sq. ft. of mixed-use Commercial Residential space with 4 parking spaces in back accessed by laneway. Well renovated & upgraded! Newer flat Roof, new Energy-Efficient windows, new gas-fired boiler & ductless heat/AC Units for year-round comfort. Sep elec. meters service all units. Upgraded interior decor, vanities, fixtures, flooring, paint. Retailers & Residents love the High Ceilings, Exposed Brick, & abundance of natural light. Main Floor Retail: 4,000+ sq. ft. with soaring ceilings, large street-facing storefront windows, elegant finishes, an upper mezzanine for added merchandise space in the main boutique + an expansive, bright office/production area with private shipping access & an outdoor staff patio in back. MN FL Currently tenanted by a premier children's clothing boutique with stable, long-term lease. Upstairs: 3 well-tenanted Apts: 3BR/2Bath, 1BR/1Bath, and a charming studio in the former projection room with its own entrance ideal for artists or entrepreneurs or pied-à-terre. All Res. tenants are Month-to-Month. Located near major routes (Hwy 2, 401/407, future GO Transit). This property sits in a growth-focused community rich in history & surrounded by protected agricultural lands, conservation areas, waterfront trails. Award-winning festivals, a supportive local economy with thriving, successful retailers, restaurants & professional services, plus a growing population, make this a strategic & sophisticated investment, just 75km from Toronto. Income & Expenses & Floor Plans available. Approx. 6% Cap Rate
Location
Province ON
County Durham
Area Durham
Zoning C1-1
Interior
Cooling Partial
Inclusions 3 Fridges (new) 3 Stoves, 1 Dishwasher, 1 Stackable Washer/Dryer, New Gas Fired Boiler, Ductless Heat/AC Vents
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 36.5
Lot Depth 168.0
Others
Security Features No
ParcelsYN No
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Listed by CENTURY 21 UNITED REALTY INC.
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