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$999,900
Available - For Sale
Listing ID: X12694362
Premier standalone commercial building located in the heart of downtown Kingston. Positioned within a dense urban node with over 1,000 residential units within a 1 km radius, this property benefits from exceptional exposure, walkability, and consistent pedestrian traffic. The building is fully equipped for restaurant use, offering a turn-key opportunity for food and beverage operators or franchise concepts. The current tenant is willing to remain and lease back the main floor. Zoned WM1, the property also presents compelling future redevelopment potential, permitting the construction of a multi-residential apartment building (subject to approvals). An ideal opportunity for investors seeking a stable NNN lease, owner-operators looking for a prime downtown location, or developers targeting long-term value in one of Kingston's most active commercial corridors.
Price $999,900
Taxes: $13,099
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Owner
Address: 569 Princess Street , Kingston, K7L 1C8, Frontenac
Postal Code: K7L 1C8
Province/State: Frontenac
Directions/Cross Streets: Princes Street and Frontenac Street
No. of Pieces Level
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Category: Multi-Use
Building Percentage: F
Total Area: 3,558
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Other
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
AXON REAL ESTATE BROKERAGE INC.

569 Princess Street , Kingston, K7L 1C8, Frontenac

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Commercial Retail
Area: Frontenac
Municipality: Kingston
Neighbourhood: 22 - East of Sir John A. Blvd
Style:
Lot Size: x 113.00(Feet)
Approximate Age:
Tax: $13,099
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908