Homes for sale - 111 Princess Street, Kingston, ON K7L 1A8

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Ivan Gascho

[email protected] +1(519) 573-7440

Listed by Ella Wang • Royal LePage ProAlliance Realty, Brokerage

$ 12

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111 Princess Street Kingston, ON K7L 1A8

5,092 SqFt

UPDATED:

10/25/2024 03:59 PM

Key Details

Property Type Commercial

Sub Type Mixed,Commercial

Listing Status Active

Purchase Type For Rent

Square Footage 5,092 sqft

MLS Listing ID 40669150

Abv Grd Liv Area 5,092

Originating Board Kingston

Property Description

This is a fantastic opportunity to lease a fully established bakery, deli, and restaurant in a premier downtown Kingston location. The property spans two levels, with 2,546 square feet on the main floor dedicated to counters and a comfortable dining area, and an additional 2,546 square feet on the lower floor, featuring a commercial kitchen that is fully outfitted and includes rear door access. The entire 5,092 square feet is available at a competitive net lease rate of $12.50 per square foot, with an additional $7.50 per square foot in operating costs. Also available dedicated parking spot in the nearby municipal lot for just $156 per month and access to a seasonal patio leased from the city. Restaurant equipment are not on the lease, but is available for sale to the tenant, with a detailed list provided upon request. Significant updates have been made in 2024, including a new HVAC system, freezer compressor, and evaporator coil. Seize this turnkey opportunity in one of the most desirable spots in Kingston!

Location

Province ON

County Frontenac

Area Kingston

Zoning DT1 - Commercial

Direction PRINCESS STREET BETWEEN WELLINGTON & BAGOT. NEXT TO SCOTIA BANK.

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available Street Lights

Waterfront No

Lot Frontage 21.0

Lot Depth 136.0

Garage No

Building

Lot Description Rectangular, City Lot, Public Transit, Visual Exposure

Faces PRINCESS STREET BETWEEN WELLINGTON & BAGOT. NEXT TO SCOTIA BANK.

Story 3

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Structure Type Concrete

New Construction No

Others

Senior Community No

Tax ID 360440034

Ownership Freehold/None

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

Ivan Gascho

111 Princess Street Kingston, ON K7L 1A8

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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111 Princess Street