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$499,900
Available - For Sale
Listing ID: X12082240
Stand alone commercial building on a prime corner lot in downtown Kingston. Strong return with existing tenancy and revenue. Net annual rent: $31 213.13. Tenant has leased and occupied the property sine 1984. Lease renewal in place until June 30th, 2029, with options for further renewals. Corporate, Triple Net lease, with all costs paid for by the tenant. Potential for further development by future end user. Lease contains first right of refusal provision.
Price $499,900
Taxes: $14,939
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 451 Division Stre , Kingston, K7K 4A8, Frontenac
Postal Code: K7K 4A8
Province/State: Frontenac
Legal Description: PT FARM LT 1 CON WGCR KINGSTON AS IN FR5
Directions/Cross Streets: Stephen Street & Division Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Retail
Use: Retail Store Related
Building Percentage: T
Total Area: .19
Total Area Code:  Acres
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX SERVICE FIRST REALTY INC., BROKERAGE

451 Division Stre , Kingston, K7K 4A8, Frontenac


 
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At a Glance:
Type: Com - Commercial Retail
Area: Frontenac
Municipality: Kingston
Neighbourhood: 22 - East of Sir John A. Blvd
Style:
Lot Size: x 101.20(Feet)
Approximate Age:
Tax: $14,939
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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