Home ›Listings ›Prescott ›X12990338

193-197 Water Street Prescott ON

📍 Prescott, Ontario K0E 1T0

$3,500,000

Active

📋 Listing Highlights

StatusActive
MLS®X12990338
ListedApr 13, 2026
Days on Market—
Property TypeCommercial
StyleOffice
Cross StreetWater Street W & Centre Street
PossessionImmediately

📝 Listing Description

Own a landmark property, the Moran & Hooker Buildings, a beautifully restored 25,000+ sq ft mixed-use asset. Positioned along the scenic Prescott Waterfront, this iconic stone property dates to the mid-1800s and blends timeless heritage character with modern functionality. The building has been restored/converted into a 15-unit commercial complex featuring a diverse tenant mix of professional offices and service businesses, along with a fully built-out waterfront facing pub space. Offered partially leased, the property provides stable income with upside through lease-up, repositioning, or owner-occupier use. Tenants/visitors benefit from direct access to the St. Lawrence River and Riverwalk Park. Additional features include on-site parking lot, 1000 Amp/208V/3-phase power, separately metered units, sprinkler systems, and modern HVAC throughout. Located in a growth-oriented community, the property also presents future development potential for a variety of alternative uses, making this a compelling investment.

🏠 Property Details

Property TypeCommercial
StyleOffice

📐 Lot & Land

Lot Size15995.16 sqft
Cross StreetWater Street W & Centre Street

🔧 Building & Utilities

HeatingElectric Forced Air
CoolingYes
GarageOutside/Surface

💰 Financial

List Price$3,500,000
Annual Taxes$49,907.14 (2026)
PossessionImmediately

🧮 Mortgage Calculator

$700,000
Est. Monthly Payment
$17,194/mo
Principal: $2,800,000 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by COLLIERSData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12990338 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.