We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home ON Greater Kingston Kingston Inner Harbour
111 PRINCESS STREET
Directions Print
111 PRINCESS STREET $229,900
$229,900
Hide
Favourite

111 PRINCESS STREET
Kingston (Central City East), Ontario K7L1A8

MLS® Number: X11918245

Listing Description

This is a fantastic opportunity to own a fully established bakery, deli, and restaurant in a premier downtown Kingston location in operation since 1963. The asking price is all equipment, goodwill and contacts - The property spans two levels, with 2,546 square feet on the main floor dedicated to a service area with comfortable dining, plus an additional 2,546 square feet on the lower level, featuring a commercial kitchen that is fully outfitted with high quality equipment 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 (TMI). Also available is the dedicated parking spot in the adjacent municipal lot for just $156 per month and access to a seasonal patio leased from the city. A detailed list provided of income, expenses, catering clients, suppliers and equipment details is available to serious buyers. 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. (39708602)

Location Description

PRINCESS NEAR WELLINGTON

Property Summary

Property Type
Business
Community Name
Central City East
Age Of Building
100+ years
Annual Property Taxes
$0
Time on REALTOR.ca
74 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Restaurant (Restaurant/pub)

Measurements

Square Footage
5092 sqft

Land

Other Property Information
Zoning Description
DT-1 - COMMERCIAL
Data provided by: Kingston & Area Real Estate Association 720 Arlington Park Place, Kingston, Ontario K7M 8H9
JASON EADE