Exceptional freestanding mixed-use opportunity in the heart of Schomberg, located in the highly desirable King area. Situated on Main Street and surrounded by charming shops, restaurants, and boutique storefronts, this property offers both strong investment fundamentals and end-user potential. The main level features approximately 1,000 sq ft of commercial space, plus an additional 1,000sq ft on the lower level, providing excellent versatility for retail, service, or professional use. The upper floors include three residential apartments totaling 2,362 sqft, comprised of two one-bedroom units and one spacious two-bedroom unit. The basement also includes a dedicated laundry and utility room servicing the building. With approximately 4,800sq ft of total space, this fully leased property currently generates over a 5% CAP rate, making it an attractive, income-producing asset in a thriving small-town setting. A rare opportunity to acquire a stable mixed-use building in one of King's most charming and walkable communities. Ideal for investors seeking solid returns or end users looking to operate a business while benefiting from residential rental income.
Address
272 Main Street
List Price
$1,199,000
MLS® Status
New
Expiration Date
2026-06-19
Property Type
Residential Freehold
Type of Dwelling
Store W Apt/Office
Style of Home
2-Storey
Transaction Type
Sale
Area
King
Sub-Area
Schomberg
Region
York
Bedrooms
4
Bedrooms (Total)
4
Rooms Above Grade
13
Bathrooms
4
Floor Area
3000-3500 Sq. Ft.
Lot Depth
86.06
Lot Size Units
Feet
Lot Width
26.5
Occupant Type
Tenant
Cross Street
Main Street / Hwy 9
MLS® Number
N12938410
Listing Brokerage
Royal LePage Security Real Estate
Basement Area
Partially Finished
Postal Code
L0G 1T0
Posession Details
Flexible
Parking
None
Tax Amount
$5,823.54
Tax Year
2025
Interior Features
Other
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Radiant
Cooling Features
Other
Construction Materials
Aluminum Siding, Brick
Direction Faces
East
Fireplace
No
Foundation Details
Block, Stone
Garage
No
Garage Type
None
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Metal
Tax Legal Description
PT LT 19 PL 87 KING AS IN R427440, T/W R427440 ; KING
Security Features
None
Waterfront
No