Kingston, ON K7L 1A8,111 Princess Street
Kingston, ON K7L 1A8,111 Princess Street
Kingston, ON K7L 1A8,111 Princess Street
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The Real Estate Boutique Brokerage Inc

The Real Estate Boutique Brokerage Inc

+1(905) 332-2207
Listed by Ella Wang • Royal LePage ProAlliance Realty, Brokerage
$230,000
Est. payment /mo
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UPDATED:

10/25/2024 03:59 PM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40669157

Originating Board Kingston

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 Kingston

Zoning DT1-Commercial

Direction Princess Street between Wellington & Bagot, next to Scotia Bank

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Waterfront No

Garage No

Building

Lot Description City Lot, High Traffic Area, Public Parking, Shopping Nearby, Visual Exposure

Faces Princess Street between Wellington & Bagot, next to Scotia Bank

New Construction No

Others

Senior Community No


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The Real Estate Boutique Brokerage Inc

+1(905) 332-2207

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