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371 Princess ST N Kingston, ON K7L 1B9
9,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 9,800 sqft
Price per Sqft $10
Subdivision 22 - East Of Sir John A. Blvd
MLS Listing ID X11972157
Building Age 0-5
Annual Tax Amount $43,149
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
Presenting a unique opportunity to acquire a well-established and fully equipped restaurant located in a prime leased space in downtown Kingston, positioned at a strategic corner. The premises encompass a total of 9,800 square feet, which includes a ground floor area of 4,905square feet, a basement of 3,775 square feet, and a mezzanine of 1,120 square feet. The property is secured by a long-term lease agreement, including 10 parking spots at the back, with additional rental costs covering realty taxes, common area maintenance (CAM), and landlord insurance. Base rent ($13,400.91)& additional rent, together is $18,454/month. The restaurant boasts excellent visibility with prominent signage on the premises. Please note that financials are not currently available.
Location
Province ON
County Frontenac
Community 22 - East Of Sir John A. Blvd
Area Frontenac
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 65.52
Lot Depth 131.44
Others
Security Features Yes
Listed by RE/MAX FINEST REALTY INC., BROKERAGE