82-94 155-159BROCK & WELLINGTON Street, Kingston | Image 1

82-94 155-159BROCK & WELLINGTON Street

Kingston, Central City East

  • Commercial

$4,800,000
For Sale

Added 7 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: DT-1: Mixed Use

  • Age: No Data

  • Taxes: 79304.08

  • MLS®#: X9410309

  • Days on Site: 212 Days

  • Added: Apr 18, 2024 (7 months ago)

  • Updated:

  • Last Checked: 5 hours ago

  • Listed By: RE/MAX Service First Realty Inc, Brokerage

In the heart of downtown Kingston, sits this one-of-a-kind, well-conditioned, well-operated historical building. This building has 6 retail storefronts spanning over 6000 sq. ft. on the ground floor, 3 offices on the second floor, and 11 residential apartments on the second and third floors. This historic limestone building has up-to-date security and fire safety features and has been diligently and prudently maintained by the current owners for 5 decades. In todays world of rising rates and economic uncertainty, this investment will add stability and growth to any portfolio. All the retail leases have built-in annual escalation. The residential units never stay vacant long. Kingston's downtown is recognized as one of Ontario's best downtowns with over 700 entertainment venues, marinas, city hall, and more, and this property is an integral corner to the community. Within easy walking distance to Queens University, both hospitals, restaurants, banks, and grocery stores, the next owner will hold a piece of Kingston history! Full financials available to qualified buyers upon completion of confidentiality agreement.

Property

  • Status: Sale

  • Type: Other

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: Kingston

  • Community: Central City East

  • Availability Date: Flexible

Building

  • Basement: Y

  • Water Supply: Municipal

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 5 PL B28 KINGSTON CITY; PT LT G(SCHOOL LT) ORIGINAL SURVEY

  • Taxes: $79,304

Land

  • Cross Street: Corner of Brock and

  • Municipality District: Kingston

  • Parcel Number: 360420008

  • Sewer: San+Storm

  • Lot Depth: 97.82 Feet

  • Lot Frontage: 74.97 Feet

  • Zoning: DT-1: Mixed Use

Commercial Specific

  • Retail Area: 4673

  • Retail Area Metric: Sq Ft

  • Total Area: 18016

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: N

  • Financial Statement: N

  • LLBO: N

Map of 82-94 155-159BROCK & WELLINGTON Street, Kingston
JK-8

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Regiopolis/Notre-Dame Catholic High School

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