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60 Concession Street

$ 1,450,000
60 Concession Street,
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Mixed-use investment opportunity in high-traffic corner location within Kingston’s Williamsville district, offering active frontage and signband along a busy thoroughfare just north of the downtown core. Ground floor commercial consists of 4 Units for a total of +/- 4650 sf and currently vacant. Upper level consists of 6 Residential Suites (4×1 bed ; 2×2 bed) separately metered for utilities. Common laundry on-site. Ample on-site parking with income potential. Numerous upgrades including new furnaces (4), hot water heaters (6), A/C units servicing GF commercial (4), Roof (2020), electrical, plumbing, and more. Located within walking distance to Queen’s University, downtown Kingston, parks, and schools. The Property represents a rare value-add investment due to current below-market rent structures and operational upside opportunity, offering significant upside in projected yearly NOI.

Address: 60 Concession Street
City:
Zip: K7K 2A6
Country: Canada
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Website ID: 28911
Price: $ 1,450,000
Property Size: 9,270 ft2
MLS: 40160559
Parking: Ample on site
Zoning: A.214
Realty Taxes: $22,656.00 (2021)
walkscore62 / Somewhat Walkable more details here

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