111 PRINCESS ST new

Kingston,ON K7L 1A8

$ 12

- Bed

- Bath

5092 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Lease

Square Footage 5,092 sqft

Price per Sqft $0

MLS Listing ID X11918236

Annual Tax Amount $7

Tax Year 2024

Property Description

This is a fantastic opportunity to lease a fully established bakery, deli, and restaurant in a premier downtown Kingston location. The property spans two levels, with 2,546 square feet on the main floor dedicated to counters and a comfortable dining area, and an additional 2,546square feet on the lower floor, featuring a commercial kitchen that is fully outfitted 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. Also available dedicated parking spot in the nearby municipal lot for just $156 per month and access to a seasonal patio leased from the city. Restaurant equipment are not on the lease, but is available for sale to the tenant, with a detailed list provided upon request. 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!

Location

Province ON

County Frontenac

Community East Of Sir John A. Blvd

Area Frontenac

Region East of Sir John A. Blvd

City Region East of Sir John A. Blvd

Rooms

Kitchen 0

Interior

Cooling Yes

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Depth 136.0

Building

New Construction false

Others

Security Features Yes

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