5204 King Street Lincoln, Ontario L0R 1B2

4,445 sqft
Fully Air Conditioned Forced Air

$1,800,000

An exceptional turnkey investment opportunity in the heart of Niagara's renowned wine country. This extensively renovated mixed-use property offers multiple income streams and outstanding upside potential for an owner/operator or investor. The current owner has extensively renovated the building, creating a boutique atmosphere that reflects the character and charm of this evolving destination. With the major improvements complete, the next owner can build on this strong foundation and take the opportunity to the next level. The property includes a well-established long-term restaurant tenant, a recently renovated one-bedroom detached home, and three second-floor residential units, including two one-bedroom apartments and a spacious two-bedroom apartment. The two one-bedroom units are connected and can function as a two-bedroom unit while maintaining separate living spaces. Two residential units currently operate as successful short-term rentals, while the owner occupies the two-bedroom unit. A new owner may continue the short-term rental model, expand operations, or convert the residential units to long-term rentals. Situated on a prominent corner lot surrounded by thriving businesses, the property features ample paved parking and access from two streets. Residents enjoy views of the Toronto skyline on clear days and are minutes from six wineries and destinations including The Watering Can and Bench. Beamsville is experiencing continued growth as one of Niagara's emerging lifestyle and tourism destinations. This location is well positioned to benefit from future appreciation and increased demand. Located close to wineries, restaurants, tourism and year-round attractions, this is a rare opportunity to acquire a versatile income-producing property with significant future potential. Contact the listing agent for a complete list of recent renovations and noteworthy improvements. (id:62616)

Property Details

MLS® Number X13641548
Property Type Retail
Community Name 982 - Beamsville
Amenities Near By Highway
Parking Space Total 13

Building

Age 51 To 99 Years
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 4,445 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway
Size Depth 159 Ft
Size Frontage 80 Ft
Size Irregular 80 X 159 Ft
Size Total Text 80 X 159 Ft
Zoning Description Gc

https://www.realtor.ca/real-estate/30118515/5204-king-street-lincoln-beamsville-982-beamsville

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