82-94 155-159 BROCK AND WELLINGTON Street

Office For Sale in Kingston, Ontario

$4,899,900
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. (id:4069)
Address 82-94 155-159 BROCK AND WELLINGTON Street
List Price $4,899,900
Property Type Office
Area Ontario
Sub-Area Kingston
Year Built 1847
MLS® Number 40513255
Listing Brokerage RE/MAX Service First Realty Inc, Brokerage
Basement Area Partial
Postal Code K7L3E1
Zoning DT-1: Mixed Use
Site Influences Hospital, Public Transit, Schools
Features Visual exposure

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Mishele Mahoney
Sales Representative

Sutton Group-Masters Realty Inc. Brokerage

1650 Bath Road Kingston On K7M 4X6

Mobile: (613) 540-1579

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