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$ 499,900
Est. payment | /mo
$ 499,900
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Pending
Purchase Type For Sale
Subdivision 22 - East Of Sir John A. Blvd
MLS Listing ID X12082240
Annual Tax Amount $14,939
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Stand alone commercial building on a prime corner lot in downtown Kingston. Strong return with existing tenancy and revenue. Net annual rent: $31 213.13. Tenant has leased and occupied the property sine 1984. Lease renewal in place until June 30th, 2029, with options for further renewals. Corporate, Triple Net lease, with all costs paid for by the tenant. Potential for further development by future end user. Lease contains first right of refusal provision.
Location
State ON
County Frontenac
Community 22 - East Of Sir John A. Blvd
Area Frontenac
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 82.4
Lot Depth 101.2
Others
Security Features No
Virtual Tour https://unbranded.youriguide.com/451_division_st_kingston_on/
Listed by RE/MAX SERVICE FIRST REALTY INC., BROKERAGE
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