For Sale

111 PRINCESS Street, Kingston (East of Sir John A. Blvd), Ontario K7L1A8

$230,000

111 PRINCESS Street, Kingston (East of Sir John A. Blvd), Ontario K7L1A8 is For Sale and has a listing price of 230,000. The property is located in the Inner Harbour neighbourhood. It's been on the website for 14 Days.

  • Business
    Property Type
  • MLS ID: X9514605
  • Office Name ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE,RE/MAX
Property Description

This is a fantastic opportunity to own a fully established bakery, deli, and restaurant in a premier downtown Kingston location in operation since 1963. The property spans two levels, with 2,546 square feet on the main floor dedicated to a service area with comfortable dining, plus an additional 2,546 square feet on the lower level, featuring a commercial kitchen that is fully outfitted with high quality equipment and includes rear door access. The entire 5,092 square feet is available at a competitive net lease rate of $12.50 per square foot, with an additional $7.50 per square foot in operating costs (TMI). Also available is the dedicated parking spot in the adjacent municipal lot for just $156 per month and access to a seasonal patio leased from the city. A detailed list provided of income, expenses, catering clients, suppliers and equipment details is available to serious buyers. Significant updates have been made in 2024, including a new HVAC system, freezer compressor, and evaporator coil. Seize this turnkey opportunity in one of the most desirable spots in Kingston! (id:43137)

Property Details
  • MLS ID: X9514605
  • Price: $230,000
  • Transaction Types: For Sale
  • Ref ID: 27596181
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
10/25/2024 X9514605 $230,000 For Sale - -
10/25/2024 X9514604 $13 For Rent - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Inner Harbour
  • $729,420 Average List Price
    based on 1 year
  • 21 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.65 % Up
  • Sold (12mo) 38
  • Rented (12mo) 3

  • 1 Month Change +0.4%
  • 3 Month Change +19.5%
  • 6 Month Change +4.2%
Walkscore
  • 100 Walk Score
    Walker's Paradise
  • 60 Transit Score
    Good Transit
  • 80 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    73.33%
  • Commercial
    9.88%
  • Condo
    16.54%
  • Land for Sale
    0.25%
Additional Details
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 25/10/2024 00:00:00
  • Zoning R2-8
  • Agent Name: ELLA WANG,JASON EADE
  • Last Updated: 07/11/2024 00:08:24
Open House Dates
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