82-94 155-159 Brock St & Wellington St. Street Image 1

$4,700,000

Feb 28Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #X11993168

82-94 155-159 Brock St & Wellington St. Street, Kingston, ON K7L 3E1

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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 82-94 155-159 Brock St & Wellington St. Street

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 todays 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 Queens University, both hospitals, restaurants, banks, and grocery stores, the next owner will hold a piece of Kingston history! Full financials available to qualified buyers upon completion of confidentiality agreement.

Home Overview

Last updated

Mar 4

Virtual tour

None

Basement information

Building size

18016

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

2024

Listed by RE/MAX SERVICE FIRST REALTY INC., BROKERAGE

Additional Details

Basement:N/A
Cooling:Partial
Heating:Gas Hot Water
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$17950.82/ month
$3,760,000 Principal and Interest
$4,512,000 Property Taxes

Location

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Walk Score for 82-94 155-159 Brock St & Wellington St. Street

Some information about this property - Brock St & Wellington St. Street

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