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$1,225,000
Available - For Sale
Listing ID: X12131307
Located in the heart of downtown Kingston, 479 Princess Street presents a versatile mixed-use investment opportunity with 3,115.06 sq ft of total interior space with 1,077 sq ft of basement area. Zoned WM1, the property permits a wide range of residential and commercial uses, including restaurant, retail, office, and apartment dwellings. The main floor is leased to a long term tenant on a month to month lease and features a fully equipped restaurant, including a spacious kitchen, dining areas, walk-in freezer, with washrooms on the 2nd floor. The second floor includes one x 5 bedroom residential unit, 2 x bathrooms, and in-suite laundry. The basement offers over 1,000 sq ft of dedicated storage space, ideal for operational or tenant use. This high-visibility property is strategically positioned along a major commercial corridor, benefiting from strong pedestrian and vehicular traffic, and surrounded by new development, and is well-suited for investors or owner-operators seeking stable returns and long-term value. Residential apartment is currently managed by Frontenac Property Management and is listed at $4875/month + utilities.
Price $1,225,000
Taxes: $10,931.21
Tax Type: Annual
Occupancy by: Tenant
Address: 479 Princess Stre , Kingston, K7L 1C3, Frontenac
Postal Code: K7L 1C3
Province/State: Frontenac
Legal Description: PT FARM LT 24 CON 1 KINGSTON AS IN FR721
Directions/Cross Streets: University Avenue.
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: Multi-Use
Use: Other
Building Percentage: T
Total Area: 3,115.06
Total Area Code:  Square Feet
Office/Appartment Area: 1547
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Rail: N
Heat Type: Other
Central Air Conditioning: Partial
Sewers: Sanitary+Storm
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

479 Princess Stre , Kingston, K7L 1C3, 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 107.71(Feet)
Approximate Age:
Tax: $10,931.21
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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