$12.5
Available - For Rent
Listing ID: X11918236
111 PRINCESS St , Kingston, K7L 1A8, Ontario
| 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! |
| Extras: Please see document section for deposit information. Schedule B to be included with all offers. |
| Price | $12.5 |
| Minimum Rental Term: | 36 |
| Maximum Rental Term: | 120 |
| Taxes: | $7.50 |
| Tax Type: | T.M.I. |
| Occupancy by: | Owner |
| Address: | 111 PRINCESS St , Kingston, K7L 1A8, Ontario |
| Postal Code: | K7L 1A8 |
| Province/State: | Ontario |
| Legal Description: | PT LT 197 ORIGINAL SURVEY KINGSTON CITY |
| Lot Size: | 21.00 x 136.00 (Feet) |
| Directions/Cross Streets: | PRINCESS STREET BETWEEN WELLINGTON & BAGOT. NEXT TO SCOTIA BANK. |
| Category: | Retail |
| Use: | Hospitality/Food Related |
| Building Percentage: | N |
| Total Area: | 5092.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 2546 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 100+ |
| Sprinklers: | Y |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Water: | Municipal |
| 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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|
Mehdi Moghareh Abed
Sales Representative
Dir:
647-937-8237
Bus:
905-731-2000
Fax:
905-886-7556
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | East of Sir John A. Blvd |
| Lot Size: | 21.00 x 136.00(Feet) |
| Approximate Age: | 100+ |
| Tax: | $7.5 |
Locatin Map:
