111 Princess Street, Kingston, ON Image 1

$229,900

Sale Of Business For Sale
MLS - #X11918245
Feb 14- By RE/MAX FINEST REALTY INC., BROKERAGE

111 Princess Street, Kingston, ON K7L 1A8

Bed
Bath
5092 Sqft.
None Garage

Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

5092 Sqft

About 111 Princess Street

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.

Home Overview

Last updated

Feb 14

Virtual tour

None

Basement information

Building size

5092

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
22990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 111 Princess Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$878.06/ month
$183,920 Principal and Interest

Some information about this property - Princess Street

shally image

Book a Showing

Tour this home with Shally ✨

I agree to receive marketing and customer service calls and text messages from Condomonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.

Modern architectural building
Newsletter Subscription

Stay Ahead with Exclusive Pre Construction Deals

Join our newsletter and never miss out on the latest pre construction projects, exclusive investment opportunities, and special offers. Be the first to access floor plans, pricing, and VIP incentives before they hit the market.

Your email is 100% confidential and won't send you any spam.