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$4,800,000
Available - For Sale
Listing ID: X9410309
In the heart of downtown Kingston, sits this one-of-a-kind, well-conditioned, well-operated historical building. This building has 6 retail storefronts spanning over 6000 sq. ft. on the ground floor, 3 offices on the second floor, and 11 residential apartments on the second and third floors. This historic limestone building has up-to-date security and fire safety features and has been diligently and prudently maintained by the current owners for 5 decades. In today's world of rising rates and economic uncertainty, this investment will add stability and growth to any portfolio. All the retail leases have built-in annual escalation. The residential units never stay vacant long. Kingston's downtown is recognized as one of Ontario's best downtowns with over 700 entertainment venues, marinas, city hall, and more, and this property is an integral corner to the community. Within easy walking distance to Queen's University, both hospitals, restaurants, banks, and grocery stores, the next owner will hold a piece of Kingston history! Full financials available to qualified buyers upon completion of confidentiality agreement.
Price $4,800,000
Taxes: $79,304.08
Occupancy by: Own+Ten
Address: 82-94 155-159BROCK & WELLI St , Kingston, K7L 3E1, Ontario
Postal Code: K7L 3E1
Province/State: Ontario
Legal Description: PT LT 5 PL B28 KINGSTON CITY; PT LT G(SC
Lot Size: 74.97 x 97.82 (Feet)
Directions/Cross Streets: Corner of Brock and Wellington.
Zoning: DT-1: Mixed Use
Category: With Property
Use: Other
Total Area: 18,016
Total Area Code:  Sq Ft
Retail Area: 4673
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Financial Statement: N
Chattels: N
Franchise: N
Hours Open: 0
Employees #: 0
Seats: 0
LLBO: N
Sewers: San+Storm
Water: Municipal
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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

82-94 155-159BROCK & WELLI St , Kingston, K7L 3E1, Ontario


 
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Type: Com - Sale Of Business
Area: Frontenac
Municipality: Kingston
Neighbourhood: Central City East
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Lot Size: 74.97 x 97.82(Feet)
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Tax: $79,304.08
Maintenance Fee: $0
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