120 Princess Street, Kingston | Image 1

120 Princess Street

Kingston

  • Commercial

$259,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: X11172859

  • Days on Site: 51 Days

  • Added: Nov 26, 2024 (1 month ago)

  • Updated:

  • Last Checked: 11 hours ago

  • Listed By: RE/MAX ULTIMATE REALTY INC.

An exceptional opportunity awaits with this premier dine-in restaurant located on a busy downtown street in Kingston. Ideally positioned with two major hospitals situated behind it, the restaurant is within walking distance of the Royal Military College and Queen's University, making it a convenient spot for students, staff, and visitors. The location is also perfect for summer tourists, as its just a short walk from the 1000 Islands ferry pick-up point. Being in the heart of downtown, the restaurant benefits from a high volume of walk-in traffic. Spanning 2,200 sq ft, this spacious restaurant offers a seating capacity for 60 guests and LLBO Licensed, allowing you to offer a variety of alcohol and other beverages to complement your menu. Such a large space is a rare find in downtown Kingston, making this a unique and valuable opportunity. As a non franchise business, you have the freedom to create and adapt the menu to suit your vision without any restrictions and royalty fees. Whether you're an experienced restaurateur looking to expand or an entrepreneur ready to make your mark, this turnkey operation provides the perfect platform for success. Don't miss out on owning a prime piece of Kingston's vibrant dining scene.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Kingston

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Green Verification Status: N

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes Type: Annual

Land

  • Cross Street: Princess st & Wellin

  • Municipality District: Kingston

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 3

  • Retail Area: 2201

  • Retail Area Metric: Sq Ft

  • Total Area: 2201

  • Total Area Metric: Sq Ft

  • Hours Open: 10.5

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 60

  • Financial Statement: N

  • LLBO: Y

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