111 Princess Street Active Save Request In-Person Tour Request Virtual Tour
Kingston,ON K7L 1A8
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40669157
Originating Board Kingston
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!
Location
Province ON
County Frontenac
Area Kingston
Zoning DT1-Commercial
Direction Princess Street between Wellington & Bagot, next to Scotia Bank
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Garage No
Building
Lot Description City Lot,High Traffic Area,Public Parking,Shopping Nearby,Visual Exposure
Faces Princess Street between Wellington & Bagot, next to Scotia Bank
New Construction No
Others
Senior Community No