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$12.5
Available - For Rent
Listing ID: X11918236
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: $7.5
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 x 136 (Feet)
Directions/Cross Streets: PRINCESS STREET BETWEEN WELLINGTON & BAGOT. NEXT TO SCOTIA BANK.
Zoning: DT1 - Commercial
Category: Retail
Use: Hospitality/Food Related
Building Percentage: N
Total Area: 5,092
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
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX FINEST REALTY INC., BROKERAGE

111 PRINCESS St , Kingston, K7L 1A8, Ontario

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Commercial/Retail
Area: Frontenac
Municipality: Kingston
Neighbourhood: East of Sir John A. Blvd
Style:
Lot Size: 21.00 x 136.00(Feet)
Approximate Age: 100+
Tax: $7.5
Maintenance Fee: $0
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Garage: 0
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908