Located in the heart of downtown Kingston, 479 Princess Street presents a versatile mixed-use investment opportunity with 3,115.06 sq ft of total interior space with 1,077 sq ft of basement area. Zoned WM1, the property permits a wide range of residential and commercial uses, including restaurant, retail, office, and apartment dwellings. The main floor is leased to a long term tenant on a month to month lease and features a fully equipped restaurant, including a spacious kitchen, dining areas, walk-in freezer, with washrooms on the 2nd floor. The second floor includes one x 5 bedroom residential unit, 2 x bathrooms, and in-suite laundry. The basement offers over 1,000 sq ft of dedicated storage space, ideal for operational or tenant use. This high-visibility property is strategically positioned along a major commercial corridor, benefiting from strong pedestrian and vehicular traffic, and surrounded by new development, and is well-suited for investors or owner-operators seeking stable returns and long-term value. Residential apartment is currently managed by Frontenac Property Management and is listed at $4875/month + utilities. (id:48744)
MLS® Number | X12131307 |
Property Type | Retail |
Neigbourhood | Williamsville |
Community Name | 22 - East of Sir John A. Blvd |
FarmType | Other |
CoolingType | Partially Air Conditioned |
HeatingType | Other |
SizeInterior | 3115 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 107 Ft ,8 In |
SizeFrontage | 30 Ft ,6 In |
SizeIrregular | 30.5 X 107.71 Ft |
SizeTotalText | 30.5 X 107.71 Ft |
ZoningDescription | Wm1 |
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