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For sale · MLS® X13808116

5204 King Street, Lincoln, ON L0R 1B2

Lincoln, ON L0R 1B2

$1,699,900Asking price
— Bedrooms— Bathrooms4445 Reported areaStore W Apt/Office Type

About this property

An exceptional turnkey investment opportunity in the heart of Niagara's renowned wine country. This extensively renovated mixed-use property offers multiple income streams & outstanding upside potential for an owner/operator or investor with lots of visibility from steady-thru traffic. 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 on a month-to-month basis, 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 & Bench. Beamsville is an up-and-coming lifestyle and tourism destination, rich with wineries, restaurants and local experiences. It offers an accessible alternative to higher-priced destinations such as Niagara-on-the-Lake and Niagara Falls, while remaining a short drive from both, as well as the outlet mall and other Niagara attractions. With convenient access from Toronto, this versatile income-producing property is well positioned to benefit from continued growth, increased demand and future appreciation.

Property facts & features

Property type
Store W Apt/Office
MLS® number
X13808116
Source status
New
Bedrooms
Not provided
Bathrooms
Not provided
Reported interior area
4445
Neighbourhood
Not provided
Postal code
L0R 1B2
Garage
None
Lot depth (source units)
159
Annual property tax
9702.15
Basement
Not provided
Laundry
Not provided
Interior features
Not provided
Exterior features
Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

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Property value & listing history

Current authorized listing record

New · $1,699,900

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Listing brokerage: Century 21 Heritage House LTD. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13808116. Information deemed reliable but not guaranteed.

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