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111 Princess Street Kingston (22 - East Of Sir John A. Blvd), Ontario K7L 1A8

5092 sqft
Fully Air Conditioned Other

$229,900

This 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 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. (id:48744)

Business

BusinessType Restaurant
BusinessSubType Restaurant/pub

Property Details

MLS® Number X11918245
Property Type Business
Community Name 22 - East of Sir John A. Blvd

Building

Age 100+ Years
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeInterior 5092 Sqft
UtilityWater Municipal Water

Land

Acreage No
ZoningDescription Dt-1 - Commercial

https://www.realtor.ca/real-estate/27790357/111-princess-street-kingston-22-east-of-sir-john-a-blvd-22-east-of-sir-john-a-blvd

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