<-- style PDP --> 111 PRINCESS Street, Kingston - Commercial/Retail for lease for $20
  • new
  • for lease

111 PRINCESS Street

Kingston, Ontario, K7L 1A8

$20

  • Neighbourhood

    Central City East

  • Major Intersection

    PRINCESS STREET AND WELLINGTON ST

  • Listed Since: 12 day(s)

  • Last update: 11 day(s) ago

Overview

  • Property Type

    Commercial/Retail, Retail

  • Bedrooms

    n/a

  • Bathrooms

    n/a

  • Basement

    Y

  • Kitchen

    n/a

  • Total Parking

    n/a

  • Lot Size

    136x21 (Feet)

  • Taxes

    $7.50 (2024)

  • Type

    Commercial

Property description for 111 PRINCESS Street, Kingston, Central City East, K7L 1A8

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 asking price is all equipment, goodwill and contacts - 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 $17.50 per square foot ($2.50 PSF discount for 5 year from regular 20.00 PSF given to purchaser of existing business) , 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!

Listed by RE/MAX FINEST REALTY INC., BROKERAGE

  • MLS #

    X12110991

  • Sq. Ft

    5092

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    100+

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    Other

  • Total Parking

    n/a

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    n/a

  • Fireplace

    n/a

  • Roof

    n/a

  • Foundation

    n/a

  • Elevator

    None

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Gas Forced Air Open

  • A/C

    Y

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sanitary

  • Central Vac

    n/a

  • MLS #

    X12110991

  • Sq. Ft

    5092

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    100+

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    Other

  • Total Parking

    n/a

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    n/a

  • Fireplace

    n/a

  • Roof

    n/a

  • Foundation

    n/a

  • Elevator

    None

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Gas Forced Air Open

  • A/C

    Y

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sanitary

  • Central Vac

    n/a

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Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History for 111 PRINCESS Street, Kingston, Central City East, K7L 1A8

This property has been sold 8 times before.

To view this property's sale price history please sign in or register

Home Evaluation Calculator

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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