84 King Street

Known locally as the Deir Building, this beautifully renovated property of over 6000 sq ft above grade in the heart of Gananoque presents a rare opportunity for investors. A main level retail operation of over 2800 sq ft and three apartments on the upper two stories are generating excellent revenue. Based on the projected rent of the top unit currently occupied by the owner's family, the cap rate comes in at just over 8% with the current owners doing their own property management. Upscale finishings, great tenants in an amazing location in the middle of downtown Gananoque together with a beautiful, newly renovated interior, all up to date with code requirements in an historic downtown building. A jewel in any investors portfolio!