BUILDING FOR SALE ONLY: Stand alone commercial building on a prime corner lot in downtown Kingston. Strong return with existing tenancy and revenue. Net annual rent to Seller/Landlord is: $31 213.13. Tenant has leased and occupied the property since 1984. Seller has owned the property since 1985. Current Lease renewal in place until June 30th, 2029, with 2 further options until 2039. Lease is a Head Corporate, Triple Net lease, with all costs paid for by the tenant. No Environmental Reports on file. Property is being sold as is where is, Buyer to conduct their own due diligence. Offers to be received no later than 12:00 pm on June 17th, 2025. ALL offers MUST have a minimum 48 hour irrevocable, and any completion date must be on or after the 16th of September 2025. Lease documents on file and will only be released upon a fully completed NDA/CA. (id:47482)
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
| MLS® Number | X12188277 |
| Property Type | Retail |
| Community Name | 22 - East of Sir John A. Blvd |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 101 Ft ,2 In |
| Size Frontage | 82 Ft ,4 In |
| Size Irregular | 0.186 |
| Size Total | 0.186 Ac |
| Size Total Text | 0.186 Ac |
| Zoning Description | Ur.5 |
Contact us for more information
(613) 766-7650
www.remaxservicefirst.com/
(613) 766-7650
www.remaxservicefirst.com/
(613) 766-7650
www.remaxservicefirst.com/
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Not intended to solicit buyers or sellers currently under contract. © 2021 | Penny Blake Home Team | Built with Love by Aaru Canada
