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111 Princess Street Kingston, Ontario K7L 1A8

5,092 ft2
Fully Air Conditioned Other

$229,900

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. (id:47482)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub

Property Details

MLS® Number X11918245
Property Type Business
Community Name 22 - East of Sir John A. Blvd

Building

Age 100+ Years
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Interior 5,092 Ft2
Utility Water Municipal Water

Land

Acreage No
Zoning Description Dt-1 - Commercial

https://www.realtor.ca/real-estate/27790357/111-princess-street-kingston-22-east-of-sir-john-a-blvd-22-east-of-sir-john-a-blvd

Contact Us

Contact us for more information

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RE/MAX Finest Realty Inc., Brokerage
104-27 Princess St
Kingston, Ontario K7L 1A3

(613) 544-3325
remaxfinestrealty.com/

RE/MAX Finest Realty Inc., Brokerage
104-27 Princess St
Kingston, Ontario K7L 1A3

(613) 544-3325
remaxfinestrealty.com/

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