Kingston, ON K7L 1A8,111 Princess ST
Kingston, ON K7L 1A8,111 Princess ST
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Melissa, Maria & Amanda 3rd Ave Realty Team

Melissa, Maria & Amanda 3rd Ave Realty Team

+1(705) 888-0860
$ 229,900
Est. payment | /mo

5,092 SqFt


Save
$ 229,900
Est. payment | /mo
Save

5,092 SqFt

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 5,092 sqft

Price per Sqft $45

MLS Listing ID X11918245

Tax Year 2025

Property Description

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!

Location

Province ON

County Frontenac

Community Central City East

Area Frontenac

Region Central City East

City Region Central City East

Interior

Cooling Yes

Exterior

Utilities Available Yes

Others

Security Features Yes

Listed by RE/MAX FINEST REALTY INC., BROKERAGE

GET MORE INFORMATION

agent
Melissa, Maria & Amanda 3rd Ave Realty Team

Realtor | License ID: 4769738

+1(705) 888-0860 | info@thirdavenue.ca

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111 Princess ST