371 Princess Street Image 1

$249,900

$299,900
16.7% dropped

Last price change Mar 19

Feb 13Sale Of Business For Sale
bedroomsbed
washrooms0bath
MLS - #X11972157

371 Princess Street, Kingston, ON K7L 1B9

0
Similar Homes Found
$0
Average Price
24990000.0%
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.

Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

N/A

About 371 Princess Street

Presenting a unique opportunity to acquire a well-established and fully equipped restaurant located in a prime leased space in downtown Kingston, positioned at a strategic corner. The premises encompass a total of 9,800 square feet, which includes a ground floor area of 4,905square feet, a basement of 3,775 square feet, and a mezzanine of 1,120 square feet. The property is secured by a long-term lease agreement, including 10 parking spots at the back, with additional rental costs covering realty taxes, common area maintenance (CAM), and landlord insurance. Base rent ($13,400.91)& additional rent, together is $18,454/month. The restaurant boasts excellent visibility with prominent signage on the premises. Please note that financials are not currently available.

Home Overview

Last updated

Mar 19

Virtual tour

None

Basement information

Building size

9800

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

2024

Listed by RE/MAX FINEST REALTY INC., BROKERAGE

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$954.45/ month
$199,920 Principal and Interest
$239,904 Property Taxes

Location

Walking Icon

Walk Score for 371 Princess Street

Some information about this property - Princess Street

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