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176-178 Railway Street

$ 1,959,000
176 Railway Street,
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R&D / Industrial Investment. 25,393 SF in two buildings fully refurbished from shell within the last 7 years. 10,000 SF warehouse/workshop in rear building (178) and 15,393 SF offices, R&D, workshop in the front building (176). Fully leased to strong tenants. Net leases. NOI $147,680. Average net rent $5.80 per sq ft pa. Net Cap Rate: 7.53%. Price per sq ft. $77.15.

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Address: 176 Railway Street
Zip: K7K 2L9
Country: Canada
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Website ID: 28168
Price: $ 1,959,000
Property Size: 25,393 ft2
Zoning: M6/M7
Realty Taxes: $38,536.53 (2020)
Site Area: 1.3 Acres
Legal Description: PT LT 82-86 PL C22 KINGSTON; PT DUFF ST PL C22 KINGSTON AS CLOSED BY BL498, AS IN FR158227 & FR17256 EXCEPT FR452426 & FR667168, PART 2 13R21963; KINGSTON; THE COUNTY OF FRONTENAC.
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