$4,800,000
82-94 155-159 BROCK AND WELLINGTON STREET Kingston (central City East), ON K7L3E1
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$4,800,000
Est. payment /mo
18,016 SqFt
Active
82-94 155-159 BROCK AND WELLINGTON STREET Kingston (central City East), ON K7L3E1
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 18,016 sqft
Price per Sqft $266
Subdivision Central City East
MLS® Listing ID X9410309
Originating Board Kingston & Area Real Estate Association
Property Description
In the heart of downtown Kingston, sits this one-of-a-kind, well-conditioned, well-operated historical building. This building has 6 retail storefronts spanning over 6000 sq. ft. on the ground floor, 3 offices on the second floor, and 11 residential apartments on the second and third floors. This historic limestone building has up-to-date security and fire safety features and has been diligently and prudently maintained by the current owners for 5 decades. In today’s world of rising rates and economic uncertainty, this investment will add stability and growth to any portfolio. All the retail leases have built-in annual escalation. The residential units never stay vacant long. Kingston’s downtown is recognized as one of Ontario's best downtowns with over 700 entertainment venues, marinas, city hall, and more, and this property is an integral corner to the community. Within easy walking distance to Queen’s University, both hospitals, restaurants, banks, and grocery stores, the next owner will hold a piece of Kingston history!\r\nFull financials available to qualified buyers upon completion of confidentiality agreement. (id:24570)
Location
Province ON
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Sanitary sewer
Listed by RE/MAX SERVICE FIRST REALTY INC, BROKERAGE
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