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$ 4,499,900
Est. payment | /mo
$ 4,499,900
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision 14 - Central City East
MLS Listing ID X13024752
Annual Tax Amount $81,101
Tax Year 2025
Property Sub-Type Commercial Retail
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 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.
Location
Province ON
County Frontenac
Area Frontenac
Interior
Cooling Partial
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 74.97
Lot Depth 97.82
Building
Building Age 100+
Others
Security Features Partial
ParcelsYN No
Virtual Tour https://unbranded.youriguide.com/155_157_82_94_wellington_street_brock_st_kingston_on/
Listed by RE/MAX SERVICE FIRST REALTY INC., BROKERAGE
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