82-94 155-159 BROCK AND WELLINGTON ST Active Save Request In-Person Tour Request Virtual Tour
Kingston,ON K7L 3E1
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 18,016 sqft
Price per Sqft $266
MLS Listing ID X9410309
Annual Tax Amount $79,304
Tax Year 2023
Property Description
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!
Full financials available to qualified buyers upon completion of confidentiality agreement.
Location
Province ON
County Frontenac
Community Public Transit
Rooms
Basement Partial Basement
Kitchen 0
Interior
Cooling Unknown
Fireplace No
Exterior
Garage Other,Other
Pool None
Community Features Public Transit
Utilities Available Unknown
Waterfront No
Roof Type Unknown
Parking Type Unknown
Building
Unit Features Hospital
Foundation Stone
Others
Security Features Unknown