Commercial retail in 808 - Prescott, Prescott
808 - Prescott, Prescott · View map
About this home
Exceptional opportunity to lease a 1,600 SF restaurant-ready commercial space in the heart of Downtown Prescott. Located at 198 King Street West, this distinctive ground-floor space offers much of the infrastructure already in place for a restaurant, café, lounge or take-out operation, providing an excellent head start for a new hospitality concept. Previously operated as a food-service establishment, the premises feature substantial existing kitchen infrastructure, including commercial exhaust hoods and ductwork, gas service, kitchen/service areas and plumbing connections. The proposed restaurant layout provides seating for approximately 42 guests, with an open dining area offering flexibility for a variety of concepts. The character of the space is enhanced by exposed brick walls, high ceilings and large King Street windows, creating an inviting atmosphere well suited to a restaurant, café or lounge. Its prominent downtown location offers excellent visibility and is within walking distance of the St. Lawrence River waterfront, marina, shops, businesses and community attractions. The layout may also offer potential to separate the premises into distinct front and rear commercial areas, subject to Landlord approval and all applicable municipal requirements, creating additional possibilities for retail, take-out, food service or complementary uses. An excellent opportunity for an operator looking to establish a business in Downtown Prescott without starting from an unfinished commercial shell. Bring your concept and explore the possibilities this unique space has to offer. Base rent is $24.00/SF per year, plus HST. Additional rent for the tenant's share of property taxes and operating costs is estimated at approximately $300 per month. A second-floor residential apartment is also available for lease separately, offering a convenient live/work opportunity.
The home
- Type
- Commercial retail
- Square footage
- 1600 sq ft
- Lot size
- 21.7 x 91.9 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Hot Water
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $4,830/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Flexible
- Neighbourhood
- 808 - Prescott
More
- MLS® number
- X13751364
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
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Your commute
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Frequently asked questions about Commercial retail in 808 - Prescott
Answers come straight from this home’s MLS® listing.
How much is Commercial retail in 808 - Prescott listed for, and what would it cost each month?
Commercial retail in 808 - Prescott is listed for $24. With 20% down ($5), the mortgage payment would be roughly $0 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $403 a month, all in. That figure is an illustration, not a quote.
Is Commercial retail in 808 - Prescott freehold or a condo, and is there a monthly fee?
Commercial retail in 808 - Prescott is a commercial retail in 808 - Prescott, Prescott. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does Commercial retail in 808 - Prescott have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is Commercial retail in 808 - Prescott?
Commercial retail in 808 - Prescott is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is Commercial retail in 808 - Prescott, and what is the lot size?
The lot is listed as 21.7 x 91.9 ft.
How is Commercial retail in 808 - Prescott heated and cooled?
Heating is gas hot water. The listing does not show air conditioning.
What are the property taxes for Commercial retail in 808 - Prescott?
Property taxes are $4,830 a year (2026), or about $403 a month.
Where is Commercial retail in 808 - Prescott?
Commercial retail in 808 - Prescott is in the 808 - Prescott community of Prescott.
Is Commercial retail in 808 - Prescott still for sale?
Yes. It is an active listing (MLS® X13751364). Listings here update from the board through the day and come down once a home sells.
How do I book a showing at Commercial retail in 808 - Prescott?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: POWER MARKETING REAL ESTATE INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.