Deepak Sharma
Broker
Remax Royal Properties Realty Brokerage, Brokerage
Independently owned and operated.
7595 Markham Rd #19 , Markham, Ontario L3S0B6
Cell: 647-229-0670Office: 905-554-0101
$4,800,000
Available - For Sale
Listing ID: X9410309
82-94 1 BROCK AND WELLINGTO St , Kingston, K7L 3E1, Ontario
| 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! Full financials available to qualified buyers upon completion of confidentiality agreement. |
| Price | $4,800,000 |
| Taxes: | $79304.08 |
| Assessment: | $2398000 |
| Assessment Year: | 2016 |
| Occupancy by: | Own+Ten |
| Address: | 82-94 1 BROCK AND WELLINGTO St , Kingston, K7L 3E1, Ontario |
| Postal Code: | K7L 3E1 |
| Province/State: | Ontario |
| Legal Description: | PT LT 5 PL B28 KINGSTON CITY; PT LT G(SC |
| Lot Size: | 74.97 x 97.82 (Feet) |
| Directions/Cross Streets: | Corner of Brock and Wellington. |
| Category: | With Property |
| Total Area: | 18016.00 |
| Total Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Sewers: | Sewers |
| Water: | Municipal |
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| RE/MAX Service First Realty Inc, Brokerage |
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Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | Central City East |
| Lot Size: | 74.97 x 97.82(Feet) |
| Tax: | $79,304.08 |
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