111 Princess Street Kingston (Central City East), Ontario K7L 1A8
$229,900
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. (id:20907)
Business
| Business Type | Restaurant |
| Business Sub Type | Restaurant/pub |
Property Details
| MLS® Number | X11918245 |
| Property Type | Business |
| Community Name | Central City East |
Building
| Cooling Type | Fully Air Conditioned |
| Fireplace Present | No |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 5092 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Zoning Description | Dt-1 - Commercial |
104-27 Princess St
Kingston, Ontario K7L 1A3
(613) 544-3325
remaxfinestrealty.com/
Salesperson
(613) 893-4688
104-27 Princess St
Kingston, Ontario K7L 1A3
(613) 544-3325
remaxfinestrealty.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Kingston & Area Real Estate Association
RE/MAX Finest Realty Inc., Brokerage
January 10 2025 09:49:59
