Kingston, ON K7L 1B9,371 Princess ST N
Kingston, ON K7L 1B9,371 Princess ST N
Kingston, ON K7L 1B9,371 Princess ST N
Kingston, ON K7L 1B9,371 Princess ST N
Kingston, ON K7L 1B9,371 Princess ST N
Kingston, ON K7L 1B9,371 Princess ST N
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$ 99,900
Est. payment | /mo

9,800 SqFt


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$ 99,900
Est. payment | /mo
Save

9,800 SqFt

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

State 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
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371 Princess ST N