Randy Beck - at your Beck and call
randy@randybeck.ca
613.541.9221
him
MLS®: 40568196 Status: For sale

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RE/MAX Finest Realty, Brokerage - Kingston

Randy Beck
Sales Representative

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Telephone:
613.389.7777

Cellular:
613.541.9221


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$4,800,000
Location:

82-94 155-159 BROCK AND WELLINGTON Street, Kingston Ontario, K7L3E1

82-94 155-159 BROCK  AND WELLINGTON Street, Kingston Ontario
Description:
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:2471)
Property:
Type: Office
Acreage: under 1/2 acre
Sewer: Municipal sewage systemWater: Municipal water
Structure:
Age: 1847
Square Footage: 18016
Exterior: Stone
Foundation Type: Stone
Features:
Visual exposure High Traffic Area   
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82-94 155-159 BROCK  AND WELLINGTON Street, Kingston Ontario

Listing Office: RE/MAX Service First Realty Inc, Brokerage

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**Broker *Sales Representative
Finest Realty Inc, Brokerage, 1329 Gardiners Road, Kingston ON, K7P 0L8
Independently Owned And Operated