Stand alone commercial building on a prime corner lot in downtown Kingston. Strong return with existing tenancy and revenue. Net annual rent: $31 213.13. Tenant has leased and occupied the property sine 1984. Lease renewal in place until June 30th, 2029, with options for further renewals. Corporate, Triple Net lease, with all costs paid for by the tenant. Potential for further development by future end user. Lease contains first right of refusal provision. |
Price | $499,900 |
Taxes: | $14939.00 |
Tax Type: | Annual |
Assessment Year: | 2024 |
Occupancy: | Tenant |
Address: | 451 Division Stre , Kingston, K7K 4A8, Frontenac |
Postal Code: | K7K 4A8 |
Province/State: | Frontenac |
Legal Description: | PT FARM LT 1 CON WGCR KINGSTON AS IN FR5 |
Directions/Cross Streets: | Stephen Street & Division Street |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Category: | Retail |
Use: | Retail Store Related |
Building Percentage: | T |
Total Area: | 0.19 |
Total Area Code: | Acres |
Retail Area Code: | Sq Ft |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Close |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX SERVICE FIRST REALTY INC., BROKERAGE |
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Type: | Com - Commercial Retail |
Area: | Frontenac |
Municipality: | Kingston |
Neighbourhood: | 22 - East of Sir John A. Blvd |
Style: | |
Lot Size: | x 101.20(Feet) |
Approximate Age: | |
Tax: | $14,939 |
Maintenance Fee: | $0 |
Beds: | 0 |
Baths: | 0 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: |