REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 499,900
Est. payment | /mo
$ 499,900
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision 22 - East Of Sir John A. Blvd
MLS Listing ID X12188277
Annual Tax Amount $14,938
Tax Year 2024
Property Sub-Type Commercial Retail
Lot Depth 101.2
Lot Front 82.4
Property Description
BUILDING FOR SALE ONLY: Stand alone commercial building on a prime corner lot in downtown Kingston. Strong return with existing tenancy and revenue. Net annual rent to Seller/Landlord is: $31 213.13. Tenant has leased and occupied the property since 1984. Seller has owned the property since 1985. Current Lease renewal in place until June 30th, 2029, with 2 further options until 2039. Lease is a Head Corporate, Triple Net lease, with all costs paid for by the tenant. No Environmental Reports on file. Property is being sold as is where is, Buyer to conduct their own due diligence. Offers to be received no later than 12:00 pm on June 17th, 2025. ALL offers MUST have a minimum 48 hour irrevocable, and any completion date must be on or after the 16th of September 2025. Lease documents on file and will only be released upon a fully completed NDA/CA.
Location
Province ON
County Frontenac
Community 22 - East Of Sir John A. Blvd
Area Frontenac
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 82.4
Lot Depth 101.2
Others
Security Features No
Virtual Tour https://unbranded.youriguide.com/451_division_st_kingston_on/
Listed by RE/MAX SERVICE FIRST REALTY INC., BROKERAGE
GET MORE INFORMATION
QUICK SEARCH