• Mobile: 647-964-2184
  • Office: 905-230-3100
  • Fax: 905-230-8577

$149,999
Available - For Sale
Listing ID: X12266666
2559 Princess Stre , Kingston, K7P 2W8, Frontenac


IMMEDIATE POSSESSION of this fully operational, turn-key Takeout/Delivery Restaurant space, subject to the Landlords approval of the Buyers usage and creditworthiness in assuming the Lease. The restaurant is in an excellent, high-traffic plaza at the southwest corner of Princess St. and Gardiners Road, abutting Cataraqui Mall, one of Kingston's busiest intersections. There is ample on-site parking. The modern, high-quality fit-up of the space, completed in 2023, includes a 12ft exhaust hood, suppression system, walk-in fridge/freezer, and most of the other components necessary in a turnkey commercial kitchen, suitable for a variety of international cuisine menus. Permit plan copies are included under documents. Limited In-house dining could be possible with the appropriate approvals. The current lease has a very attractive rental rate and expires July 31, 2031. There are two optional five-year renewal periods. All showings must be by appointment through the Listing Agent, who is to attend all showings.
Price $149,999
Taxes: $0.00
Tax Type: TMI
Occupancy: Tenant
Address: 2559 Princess Stre , Kingston, K7P 2W8, Frontenac
Postal Code: K7P 2W8
Province/State: Frontenac
Legal Description: FOR LEASE ONLY - UNIT CONTAINING 'NAMAST
Directions/Cross Streets: PRINCESS ST. & GARDINERS RD.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Without Property
Use: Fast Food/Takeout
Building Percentage: F
Total Area: 1120.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Approximatly Age: 16-30
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: n/a
Employees #: 3
Seats: 0
Sprinklers: No
Washrooms: 0
Outside Storage: F
Rail: N
Crane: F
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Personal Picture
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
 
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At a Glance:
Type: Com - Sale Of Business
Area: Frontenac
Municipality: Kingston
Neighbourhood: 39 - North of Taylor-Kidd Blvd
Style:
Lot Size: x 155.60(Feet)
Approximate Age: 16-30
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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