Downtown Investment: Prominent 3-storey commercial property in high-traffic corner location in Downtown Kingston with excellent visibility and signage along Montreal St. & Queen St. Site is +/- 8,850 sf, with current layout of +/- 23,100 sf of built-out space consisting of +/- 9000 sf of rentable commercial space & 33 Residential Suites. Net Income $302,780 based on Broker’s pro forma, with opportunity to increase. Unique value-add investment property with future development opportunity.
Documents
Website ID: 28576
Price: $ 5,250,000
Property Size: 20,759 ft2
Zoning: C1
Realty Taxes: $35,326.18 (2020)
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