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$4,700,000
Available - For Sale
Listing ID: X11993168
In the heart of downtown Kingston, sits this one-of-a-kind, well-conditioned, well-operated historical building. This building has 6 retail storefronts spanning over 6000 sq. ft. on the ground floor, 3 offices on the second floor, and 11 residential apartments on the second and third floors. This historic limestone building has up-to-date security and fire safety features and has been diligently and prudently maintained by the current owners for 5 decades. In todays world of rising rates and economic uncertainty, this investment will add stability and growth to any portfolio. All the retail leases have built-in annual escalation. The residential units never stay vacant long. Kingston's downtown is recognized as one of Ontario's best downtowns with over 700 entertainment venues, marinas, city hall, and more, and this property is an integral corner to the community. Within easy walking distance to Queens University, both hospitals, restaurants, banks, and grocery stores, the next owner will hold a piece of Kingston history! Full financials available to qualified buyers upon completion of confidentiality agreement.
Price $4,700,000
Taxes: $81,101.62
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Owner+T
Address: 82-94 1 Brock St & Wellingto Street , Kingston, K7L 3E1, Frontenac
Postal Code: K7L 3E1
Province/State: Frontenac
Directions/Cross Streets: Brock St and Wellington St.
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Multi-Use
Building Percentage: T
Total Area: 18,016
Total Area Code:  Square Feet
Office/Appartment Area: 8182
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Approximatly Age: 100+
Maintenance: 0
Sprinklers: Part
Outside Storage: F
Crane: F
Heat Type: Gas Hot Water
Central Air Conditioning: Partial
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Income Required $ $ $ $

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RE/MAX SERVICE FIRST REALTY INC., BROKERAGE

82-94 1 Brock St & Wellingto Street , Kingston, K7L 3E1, Frontenac

Personal Picture
Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Commercial Retail
Area: Frontenac
Municipality: Kingston
Neighbourhood: 14 - Central City East
Style:
Lot Size: x 97.82(Feet)
Approximate Age: 100+
Tax: $81,101.62
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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