$ 230,000
111 PRINCESS ST Kingston, ON K7L 1A8
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$ 230,000
Est. payment | /mo
$ 230,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9514605
Property Description
This is a fantastic opportunity to own a fully established bakery, deli, and restaurant in a premier downtown Kingston location in operation since 1963. The property spans two levels, with 2,546 square feet on the main floor dedicated to a service area with comfortable dining, plus an additional 2,546 square feet on the lower level, featuring a commercial kitchen that is fully outfitted with high quality equipment and includes rear door access. The entire 5,092 square feet is available at a competitive net lease rate of $12.50 per square foot, with an additional $7.50 per square foot in operating costs (TMI). Also available is the dedicated parking spot in the adjacent municipal lot for just $156 per month and access to a seasonal patio leased from the city. A detailed list provided of income, expenses, catering clients, suppliers and equipment details is available to serious buyers. Significant updates have been made in 2024, including a new HVAC system, freezer compressor, and evaporator coil. Seize this turnkey opportunity in one of the most desirable spots in Kingston!
Location
Province ON
County Frontenac
Area East Of Sir John A. Blvd
Rooms
Kitchen 0
Interior
Cooling Unknown
Fireplace No
Exterior
Pool None
Utilities Available Unknown
Roof Type Unknown
Parking Type Unknown
Building
New Construction false
Others
Security Features Unknown
Listed by Royal LePage ProAlliance Realty, Brokerage
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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