Retail

82-94 155-159 Brock St & Wellington St. Street, Kingston

In the heart of downtown Kingston, sits this one-of-a-kind, well-conditioned, well-operated historical building. This building has 6 retail...

    $4,499,900

    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.

    Property Summary
    Property Type:Retail
    Availability:For sale
    Land Size:74.97 x 97.82 FT
    MLS® Number:X13024752
    Building Details
    Interior Size:18016 sq ft
    Heating Type:Hot water radiator heat
    Heating Fuel:Natural gas
    Fireplace:None
    Cooling:Partially air conditioned
    Land Details
    Frontage:74 ft ,11 in
    Depth:97 ft ,9 in
    Water:Municipal water
    Zoning Description:DT-1

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