Added 1 week ago
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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Restaurant
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Zoning: C1
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Age: 0-5 years
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Taxes: 43149
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MLS®#: X11972157
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Days on Site: 2 Days
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Added: Feb 13, 2025 (1 week ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: RE/MAX FINEST REALTY INC., BROKERAGE
Presenting a unique opportunity to acquire a well-established and fully equipped restaurant located in a prime leased space in downtown Kingston, positioned at a strategic corner. The premises encompass a total of 9,800 square feet, which includes a ground floor area of 4,905square feet, a basement of 3,775 square feet, and a mezzanine of 1,120 square feet. The property is secured by a long-term lease agreement, including 10 parking spots at the back, with additional rental costs covering realty taxes, common area maintenance (CAM), and landlord insurance. Base rent ($13,400.91)& additional rent, together is $18,454/month. The restaurant boasts excellent visibility with prominent signage on the premises. Please note that financials are not currently available.
Property
Status: Sale
Type: Restaurant
Property Type: Sale Of Business
Property Type: Without Property
Age: 0-5
Area: Kingston
Community: East of Sir John A. Blvd
Assessment Year: 2024
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Open
Elevator: None
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Covered Parking Spaces: 10
Fees
Tax Year: 2024
Tax Legal Description: Business for sale in lease premises, operating as Meet Cuisine
Taxes: $43,149
Taxes Type: Annual
Land
Cross Street: Downtown Kingston, N
Municipality District: Kingston
Parcel Number: 360500206
Sewer: Sanitary
Lot Depth: 131.44 Feet
Lot Frontage: 65.52 Feet
Zoning: C1
Commercial Specific
Number of Employees: 5
Retail Area: 4905
Retail Area Metric: Sq Ft
Sprinklers: Y
Total Area: 9800
Total Area Metric: Sq Ft
Hours Open: 3-11
Industrial Area Metric: Sq Ft
Days Open: 6
Franchise: N
Tangible Property Included: Y
Lot Code: Lot
Seats: 140
Financial Statement: N
LLBO: Y
St Patrick Catholic School
Elementary: CatholicSydenham Public School
Elementary: PublicCentral Public School
Elementary: PublicModule Vanier
Elementary: PublicWinston Churchill Public School
Elementary: PublicCathedrale Catholic School
Elementary: CatholicÉcole secondaire publique Mille-Iles
Secondary: PublicLimestone School of Community Education
Secondary: PublicFrontenac Learning Centre
Secondary: PublicLoyalist Collegiate and Vocational Institute
Secondary: PublicKingston Collegiate and Vocational Institute
Secondary: PublicRegiopolis/Notre-Dame Catholic High School
Secondary: Catholic
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05-223 Princess Street, Kingston, Ontario • K7L 1B3 • East of Sir John A. Blvd
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06-223 Princess Street, Kingston, Ontario • K7L 1B3 • East of Sir John A. Blvd
