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Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Retail,Building and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 8,800 sqft
Price per Sqft $73
MLS Listing ID 40555619
Annual Tax Amount $13,866
Property Description
Why rent when you could own!! This commercially zoned (CG zone) building has an approximate GFA of 8800 sq ft over two floors. Located on Bath Road, a major arterial road within Kingston. The property has great exposure and signage opportunities. Based on a 20% downpayment and a fixed interest rate of 7% for 5 years, the monthly mortgage payment would be approximately $3,780, or $5.15 psf a year. The building has been extensively renovated in recent years including new roof, zoned heating system, upgraded insulation and rooftop solar panels. Ideal opportunity for a kitchen showroom, flooring sales, specialty grocery store, a recreation use or other similar uses. If you don't need all the GFA for your commercial use, why not construct a residential unit which is permitted within the zoning. A Phase II Environmental report is also available.
Location
Province ON
County Frontenac
Area Kingston
Zoning CG under 2022-62
Rooms
Kitchen 0
Exterior
Exterior Feature Grade Loading
Waterfront No
Building
Lot Description Rectangular, Airport, Ample Parking, High Traffic Area, Public Transit
Story 2
Sewer Other
Water Municipal
Structure Type Steel Siding,Wood Siding
New Construction No
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