2559 Princess ST S Active Save Request In-Person Tour Request Virtual Tour
Kingston,ON K7P 2W8
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,120 sqft
Price per Sqft $204
MLS Listing ID X10426803
Annual Tax Amount $5,000
Tax Year 2024
Property Description
Make money day one! This turnkey, fully operational Indian Takeout/Delivery Restaurant (QSR) is now for sale. The Seller may consider transferring the name and menu to the successful Buyer. This unit is in an excellent high-traffic plaza at the south west corner of Princess St. and Gardiners Road, one of Kingston's busiest intersections, and adjacent to the Cataraqui Mall. There is ample on-site parking. The current lease has a very attractive rental rate and expires mid-2031. There are two optional five-year renewal periods. If the current set-up does not suit the Buyers intended use the space can be easily rebranded for other QSRs such as Chinese, Thai etc. (Note: Pizza take-out and Subway are existing tenants). The high-quality fit-up, completed in 2023, includes a 12 exhaust hood, suppression system, walk-in fridge and freezer, 2 x double sinks, cooking range, oven, wok burner and fryer, as well as all other components of a modern commercial kitchen.
Location
Province ON
County Frontenac
Community North Of Taylor-Kidd Blvd
Area Frontenac
Region North of Taylor-Kidd Blvd
City Region North of Taylor-Kidd Blvd
Interior
Cooling Yes
Exterior
Community Features Major Highway,Public Transit
Lot Depth 155.6