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Home ON Greater Kingston Kingston Inner Harbour
111 PRINCESS STREET
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111 PRINCESS STREET $12.50/square feet
$12/square feet
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111 PRINCESS STREET
Kingston (22 - East of Sir John A. Blvd), Ontario K7L1A8

MLS® Number: X11918236

Listing Description

This is a fantastic opportunity to lease a fully established bakery, deli, and restaurant in a premier downtown Kingston location. The property spans two levels, with 2,546 square feet on the main floor dedicated to counters and a comfortable dining area, and an additional 2,546square feet on the lower floor, featuring a commercial kitchen that is fully outfitted and includes rear door access. The entire 5,092 square feet is available at a competitive net lease rate of $12.50 per square foot, with an additional $7.50 per square foot in operating costs. Also available dedicated parking spot in the nearby municipal lot for just $156 per month and access to a seasonal patio leased from the city. Restaurant equipment are not on the lease, but is available for sale to the tenant, with a detailed list provided upon request. Significant updates have been made in 2024, including a new HVAC system, freezer compressor, and evaporator coil. Seize this turnkey opportunity in one of the most desirable spots in Kingston! **EXTRAS** Please see document section for deposit information. Schedule B to be included with all offers. (39708592)

Location Description

PRINCESS STREET BETWEEN WELLINGTON & BAGOT. NEXT TO SCOTIA BANK.

Property Summary

Property Type
Retail
Community Name
22 - East of Sir John A. Blvd
Land Size
21 x 136 FT
Age Of Building
100+ years
Annual Property Taxes
$7.50
Time on REALTOR.ca
81 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Square Footage
5092 sqft

Land

Lot Features
Frontage
21 ft
Land Depth
136 ft
Other Property Information
Zoning Description
DT1 - Commercial
Lease Type
Net
Data provided by: Kingston & Area Real Estate Association 720 Arlington Park Place, Kingston, Ontario K7M 8H9
JASON EADE