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82-94 155-159 Brock St & Wellington St. ST Kingston, ON K7L 3E1
18,016 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 18,016 sqft
Price per Sqft $249
Subdivision 14 - Central City East
MLS Listing ID X14030204
Annual Tax Amount $85,182
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
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 today's 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 have a graduate student demographic for income stability. Approval in place to convert more office to residential. 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! This property has good strong income, and good upside for any investor. Full financials available to qualified buyers upon completion of confidentiality agreement.
Location
Province ON
County Frontenac
Area Frontenac
Interior
Cooling Partial
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 74.97
Lot Depth 97.82
Building
Building Age 100+
Others
Security Features Partial
ParcelsYN No
Virtual Tour https://youriguide.com/155_157_82_94_wellington_street_brock_st_kingston_on
Listed by RE/MAX SERVICE FIRST REALTY INC., BROKERAGE
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