ON > Kingston
Kingston, ON K7L 3E1,82-94 155-159BROCK & WELLINGTON ST
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Kingston, ON K7L 3E1,82-94 155-159BROCK & WELLINGTON ST
Kingston, ON K7L 3E1,82-94 155-159BROCK & WELLINGTON ST
Kingston, ON K7L 3E1,82-94 155-159BROCK & WELLINGTON ST
Kingston, ON K7L 3E1,82-94 155-159BROCK & WELLINGTON ST
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 4,800,000
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82-94 155-159BROCK & WELLINGTON ST Kingston, ON K7L 3E1

18,016 SqFt

UPDATED:

12/09/2024 02:06 PM

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Pending

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 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

Community Central City East

Area Frontenac

Region Central City East

City Region Central City East

Rooms

Kitchen 0

Interior

Cooling Unknown

Fireplace No

Exterior

Pool None

Community Features Public Transit

Utilities Available Unknown

Roof Type Unknown

Building

Unit Features Hospital

Foundation Stone

New Construction false

Others

Security Features Unknown

Listed by RE/MAX Service First Realty Inc, Brokerage
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82-94 155-159BROCK & WELLINGTON ST