272 Main Street, King, ON L0G 1T0
$1,199,000
$1,199,000

272 Main Street

Schomberg, King, York $1,199,000

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4 Beds
4 Baths
3000-3500 sqft
Parking for 0
East Facing
MLS®#:
N12938410
Property Type:
Store W Apt/Office
Property Style:
2-Storey
Area:
York
Community:
Schomberg
Taxes:
$5,823.54 / 2025
Added:
March 31 2026
Lot Frontage:
26.5
Lot Depth:
86.06
Status:
Active
Outside:
Aluminum Siding,Brick
Year Built:
Basement:
Partially Finished
Brokerage:
Royal LePage Security Real Estate
Lot :

86

26

Intersection:
Main Street / Hwy 9
Rooms:
Bedrooms:
4
Bathrooms:
4
Fireplace:
Utilities
Water:
Municipal
Cooling:
Other
Heating Type:
Radiant
Heating Fuel:

Listing Details

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.

Insights

  1. Mixed-Use Potential: This property features approximately 1,000 sq ft of commercial space on the main level and an additional 1,000 sq ft on the lower level, making it ideal for retail, service, or professional use, providing versatility for various business opportunities.
  2. Strong Investment Returns: Currently generating over a 5% CAP rate, this fully leased property represents a solid income-producing asset, appealing to investors looking for reliable returns in a thriving community.
  3. Residential Income Stream: The upper floors include three residential apartments, offering potential rental income while allowing the owner to operate a business on-site, creating a unique live-work opportunity.

Sale/Lease History of 272 Main Street

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Neighborhood Overview

Complete neighborhood profile for 272 Main Street

Schomberg home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Schomberg

Insights for 272 Main Street

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)