371 Princess Street N Kingston, Ontario K7L 1B9
$299,900
Presenting a unique opportunity to acquire a well-established and fully equipped restaurant located in a prime leased space in downtown Kingston, positioned at a strategic corner. The premises encompass a total of 9,800 square feet, which includes a ground floor area of 4,905square feet, a basement of 3,775 square feet, and a mezzanine of 1,120 square feet. The property is secured by a long-term lease agreement, including 10 parking spots at the back, with additional rental costs covering realty taxes, common area maintenance (CAM), and landlord insurance. Base rent ($13,400.91)& additional rent, together is $18,454/month. The restaurant boasts excellent visibility with prominent signage on the premises. Please note that financials are not currently available. (id:28469)
Business
| Business Type | Restaurant |
| Business Sub Type | Restaurant/pub |
Property Details
| MLS® Number | X11972157 |
| Property Type | Business |
| Community Name | East of Sir John A. Blvd |
| Parking Space Total | 10 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 9,800 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 131 Ft ,5 In |
| Size Frontage | 65 Ft ,6 In |
| Size Irregular | 65.52 X 131.44 Ft |
| Size Total Text | 65.52 X 131.44 Ft |
| Zoning Description | C1 |
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February 15 2025 10:49:54
Kingston & Area Real Estate Association
RE/MAX Finest Realty Inc., Brokerage