264 King Street E, Clarington, ON

$5,000,000

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1.81

Acres

About 264 King Street E

Three-storey stucco-sided structure, offering approximately 74,000 square feet (6,875 square metres) above grade, plus a fully finished basement level. It is currently configured as a long-term care and retirement home facility. Please note that this building will not have future utility as a long-term care facility, as the bed allotment has been relocated to a new facility. Lands: Approximately 1.805 acres of land, located on the northeast corner of King Street East and Galbraith Court, with 317 feet of frontage along King Street East and 250 feet along Galbraith Court. This property is ideally located across the road from the Bowmanville Mall, an enclosed mall anchored by both a large-brand grocery chain and a large-brand pharmacy chain. Additionally, the subject property abuts a new five-storey, 32-unit residential build to the east and a mix of single homes and townhomes to the north. Zoning: The current zoning is R1-3 and is included in the "East Business District" as part of the recently approved Bowmanville East Urban Centre Secondary Plan, with an intended land use of Medium Density Residential. Note: Property Taxes are not assessed, as prior long-term care use was exempt.

Features of 264 King Street E

MLS® # E13737926
Price $5,000,000
Bathrooms 0.00
Acres 1.81
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 264 King Street E
Area Durham
Subdivision Bowmanville
City Clarington
Province ON
Postal Code L1C 1P9

Amenities

Garages None
Is Waterfront No

Interior

Heating Gas Forced Air Closed
Cooling Partial
Fireplace No

Listing Details

OfficeRE/MAX Jazz INC.

Listing Map

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