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82-94 155-159 Brock And Wellington Street Kingston (Central City East), Ontario K7L 3E1

18016 sqft

$4,800,000

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 today’s 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 Queen’s University, both hospitals, restaurants, banks, and grocery stores, the next owner will hold a piece of Kingston history!\r\nFull financials available to qualified buyers upon completion of confidentiality agreement. (id:48744)

Property Details

MLS® Number X9410309
Property Type Business
Community Name Central City East
AmenitiesNearBy Public Transit, Hospital

Building

BasementType Partial
ExteriorFinish Stone
FoundationType Stone
SizeInterior 18016 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit, Hospital
Sewer Sanitary Sewer
SizeDepth 97 Ft ,9 In
SizeFrontage 74 Ft ,11 In
SizeIrregular Unit=74.97 X 97.82 Ft
SizeTotalText Unit=74.97 X 97.82 Ft|under 1/2 Acre
ZoningDescription Dt-1: Mixed Use

https://www.realtor.ca/real-estate/26775235/82-94-155-159-brock-and-wellington-street-kingston-central-city-east-central-city-east

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