232 Front Street
Belleville, ON
18,805 sqft • Commercial Retail • 118 days on market
MOTIVATED SELLER! End Users and Developers: With its historic architecture and modern upgrades, this property is ready to shape the next chapter of Downtown Belleville. With an impressive 52' frontage, this building has exceptional exposure and street presence, a rare opportunity in the heart of downtown. With 18,805 square feet of versatile mixed-use space across 3 levels. it backs directly onto the Moira River, the River Walk Trail, and public parking. This makes it an ideal setting for a much-needed grocery market catering to the growing residential base in the area, a restaurant/wine bar that maximizes its patio potential and historic charm, a boutique hotel, café, food hall, or an incredible event space. The main floor features ~13' ceilings, refurbished limestone, a stone archway, and exposed brick walls. The recessed front entrance with its new NanaWall (bi-fold doors) opens onto a covered patio, perfect for a high-end restaurant/bar, market, or flagship retail venue. The second floor stuns with 24' ceilings and six towering 13' arched windows that flood the space with natural light. Whether used as a cocktail lounge, restaurant, event venue, studio, gallery, or converted into loft-style residences or offices, the possibilities are as expansive as the ceilings themselves. The basement has 7' ceilings and a more intimate feel, ideal for a speakeasy, wellness studios, offices, or an extension of the main floor. Whether you're an investor, restaurateur, hotelier, or visionary developer, this iconic property in the heart of downtown Belleville offers a design-ready canvas to create a landmark destination in one of Ontario's fastest-evolving downtown cores. *Opportunity for an assembly with neighbouring property*
Listing Details
- Taxes (2026)
- $23,027
- Originally Listed
- $1,949,500
- Listed
- May 1, 2026
Price History
Listing history
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Property
- Age
- 100+
- Lot Size
- 52.33 x 156.17 Feet
Location & Legal
- Cross Street
- Front St and Bridge St
- Zoning
- C2-3
- Parcel Number
- 404750093
- Possession
- Flexible
Commercial
- Occupancy
- Vacant
Community
Postal area K8N
- Population
- 30,393
- Private dwellings
- 13,782
- Median age
- 48
- Average household size
- 2.3
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Belleville · last 12 months
- Median sold price
- $505,000
- Homes sold
- 757
- Median days on market
- 32
- Sale-to-list price
- 97.3%
Based on 757 recorded sales of commercial properties in Belleville over the last 12 months.
Listed by
ROYAL LEPAGE ESTATE REALTY
Location
Commercial figures
- Building area
- 18,805 sq ft
- Price per sq ft
- $93.06
- Annual property tax
- $23,027
- Tax per sq ft
- $1.22
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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