111 PRINCESS Street, Kingston, ON K7L 1A8

  • $230,000
111 PRINCESS Street, Kingston, ON K7L 1A8
Active
111 PRINCESS Street, Kingston, ON K7L 1A8
  • $230,000

Overview

Property ID: X9514605
  • Commercial Sale, Sale Of Business
  • Property Type

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 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!

  • Address 111 PRINCESS Street
  • City Kingston
  • State/county ON
  • Zip/Postal Code K7L 1A8
  • Country CA

Details

Updated on December 11, 2024 at 4:22 am
  • Property ID: X9514605
  • Price: $230,000
  • Garage Size: x x
  • Property Type: Commercial Sale, Sale Of Business
  • Property Status: Active
  • MLS#: X9514605

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