Added 3 months ago
-
Type: Sale Of Business
-
Property Type: Commercial
-
Zoning: A.119
-
Age: No Data
-
Taxes: 11475
-
MLS®#: X9411013
-
Days on Site: 116 Days
-
Added: Jul 23, 2024 (3 months ago)
-
Updated:
-
Last Checked: 1 hour ago
-
Listed By: Rogers & Trainor Commercial Realty Inc., Brokerage
Unique professional office building ownership opportunity, multifamily, or mixed-use redevelopment opportunity in the Inner Harbour area walking distance to downtown Kingston. The building is currently leased as a medical clinic; the property will be vacant Feb 1, 2025. Bright open reception area. The majority of offices contain plumbing. Functional lower level office space. Architecturally significant building - gross area 4,442 SF. OPPORTUNITY: Recent update to City Zoning Bylaw (July 9th) now allows for "Neighbourhood Commercial" (CN) Zone uses in addition to site-specific uses under A.119 Zone (allowing for a health care professional office) at the subject property. These amendments have had the effect of expanding the number of permitted uses for the property, to now include mixed-use commercial-residential development, day care centre, grocery store, office, restaurant, retail store, wellness clinic and more. Pre-application for Multifamily (4 Units, 12 bedrooms) has been broadly supported subject to a zoning by-law amendment. The Property presents a unique opportunity for owner-operators or investors seeking to establish a business or presence in a high-demand neighbourhood proximate to downtown while having the benefit of developing the property at any point to create more units and create/drive additional value appreciation.
Property
Status: Sale
Property Type: Sale Of Business
Property Type: With Property
Area: Kingston
Community: East of Sir John A. Blvd
Availability Date: Flexible
Assessment Amount: $330,000
Assessment Year: 2024
Building
Basement: Y
Water Supply: Municipal
Fees
Tax Year: 2024
Tax Legal Description: PT CLERGY OR RECTORY BLK C ORIGINAL SURVEY KINGSTON CITY; PT NOR
Taxes: $11,475
Land
Cross Street: Inner Harbour. Ordna
Municipality District: Kingston
Parcel Number: 360480003
Sewer: Sewers
Lot Depth: 83 Feet
Lot Frontage: 84 Feet
Lot Irregularities: triangle shape
Zoning: A.119
Commercial Specific
Total Area: 4442
Total Area Metric: Sq Ft
Office Size: 4442
St Patrick Catholic School
Elementary: CatholicSydenham Public School
Elementary: PublicCentral Public School
Elementary: PublicModule Vanier
Elementary: PublicCathedrale Catholic School
Elementary: CatholicRideau Public School
Elementary: PublicLimestone School of Community Education
Secondary: PublicFrontenac Learning Centre
Secondary: PublicLoyalist Collegiate and Vocational Institute
Secondary: PublicLa Salle Secondary School
Secondary: PublicKingston Collegiate and Vocational Institute
Secondary: PublicRegiopolis/Notre-Dame Catholic High School
Secondary: Catholic
- — bath
- — bed
03-223 PRINCESS Street, Kingston, Ontario • K7L 1B3 • East of Sir John A. Blvd
- — bath
- — bed
04-223 PRINCESS Street, Kingston, Ontario • K7L 1B3 • East of Sir John A. Blvd
