391 BARRIE ST Active Save Request In-Person Tour Request Virtual Tour
Kingston,ON K7K 3T6
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,442 sqft
Price per Sqft $179
MLS Listing ID X9411013
Annual Tax Amount $11,475
Tax Year 2024
Property Description
Unique professional office building ownership opportunity, multifamily, or mixed-use redevelopment opportunity in the Inner Harbour area walking distance to downtown Kingston. The building is currently leased as a medical clinic; the property will be vacant Feb 1, 2025. Bright open reception area. The majority of offices contain plumbing. Functional lower level office space. Architecturally significant building - gross area 4,442 SF.
OPPORTUNITY: Recent update to City Zoning Bylaw (July 9th) now allows for "Neighbourhood Commercial" (CN) Zone uses in addition to site-specific uses under A.119 Zone (allowing for a health care professional office) at the subject property. These amendments have had the effect of expanding the number of permitted uses for the property, to now include mixed-use commercial-residential development, day care centre, grocery store, office, restaurant, retail store, wellness clinic and more.
Pre-application for Multifamily (4 Units, 12 bedrooms) has been broadly supported subject to a zoning by-law amendment.
The Property presents a unique opportunity for owner-operators or investors seeking to establish a business or presence in a high-demand neighbourhood proximate to downtown while having the benefit of developing the property at any point to create more units and create/drive additional value appreciation.
Location
Province ON
County Frontenac
Zoning A.119
Rooms
Basement Full
Kitchen 0
Interior
Cooling Unknown
Exterior
Pool None
Utilities Available Unknown
Roof Type Unknown
Parking Type Unknown
Others
Security Features Unknown