44
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$1,225,000
Est. payment /mo
3,115 SqFt
New
479 Princess ST Kingston, ON K7L 1C3
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,115 sqft
Price per Sqft $393
Subdivision 22 - East Of Sir John A. Blvd
MLS Listing ID X12131307
Annual Tax Amount $10,931
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Located in the heart of downtown Kingston, 479 Princess Street presents a versatile mixed-use investment opportunity with 3,115.06 sq ft of total interior space with 1,077 sq ft of basement area. Zoned WM1, the property permits a wide range of residential and commercial uses, including restaurant, retail, office, and apartment dwellings. The main floor is leased to a long term tenant on a month to month lease and features a fully equipped restaurant, including a spacious kitchen, dining areas, walk-in freezer, with washrooms on the 2nd floor. The second floor includes one x 5 bedroom residential unit, 2 x bathrooms, and in-suite laundry. The basement offers over 1,000 sq ft of dedicated storage space, ideal for operational or tenant use. This high-visibility property is strategically positioned along a major commercial corridor, benefiting from strong pedestrian and vehicular traffic, and surrounded by new development, and is well-suited for investors or owner-operators seeking stable returns and long-term value. Residential apartment is currently managed by Frontenac Property Management and is listed at $4875/month + utilities.
Location
Province ON
County Frontenac
Community 22 - East Of Sir John A. Blvd
Area Frontenac
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 30.5
Lot Depth 107.71
Others
Security Features No
Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
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