$20
Available - For Rent
Listing ID: X12366341
111 PRINCESS Stre , Kingston, K7L 1A8, Frontenac
| Here is a fantastic opportunity to own a fully established bakery, deli, and restaurant in a premier downtown Kingston location in operation since 1963. The asking price is all equipment, goodwill and contacts. 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. 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 2,546 square feet on the lower floor, featuring a commercial kitchen that is fully outfitted and includes rear door access. The entire 5,092square 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! |
| Price | $20 |
| Minimum Rental Term: | 36 |
| Taxes: | $7.50 |
| Tax Type: | TMI |
| Occupancy: | Owner |
| Address: | 111 PRINCESS Stre , Kingston, K7L 1A8, Frontenac |
| Postal Code: | K7L 1A8 |
| Province/State: | Frontenac |
| Legal Description: | PT LT 197 ORIGINAL SURVEY KINGSTON CITY |
| Directions/Cross Streets: | PRINCESS STREET AND WELLINGTON ST |
| 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 |
| Category: | Retail |
| Use: | Hospitality/Food Related |
| Building Percentage: | F |
| Total Area: | 5092.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 100+ |
| Franchise: | F |
| Days Open: | O |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Soil Test: | No |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX FINEST REALTY INC., BROKERAGE |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | 14 - Central City East |
| Approximate Age: | 100+ |
| Tax: | $7.5 |
| Fireplace: | N |
Locatin Map:
