371 Princess ST N Active Save Request In-Person Tour Request Virtual Tour
Kingston,ON K7L 1B9
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