$499,900
Available - For Sale
Listing ID: X12188277
451 Division Stre , Kingston, K7K 4A8, Frontenac
| BUILDING FOR SALE ONLY: Stand alone commercial building on a prime corner lot in downtown Kingston. Strong return with existing tenancy and revenue. Net annual rent to Seller/Landlord is: $31 213.13. Tenant has leased and occupied the property since 1984. Seller has owned the property since 1985. Current Lease renewal in place until June 30th, 2029, with 2 further options until 2039. Lease is a Head Corporate, Triple Net lease, with all costs paid for by the tenant. No Environmental Reports on file. Property is being sold as is where is, Buyer to conduct their own due diligence. ALL offers MUST have a minimum 48 hour irrevocable, and any completion date must be on or after the 16th of September 2025. Lease documents on file and will only be released upon a fully completed NDA/CA. |
| Price | $499,900 |
| Taxes: | $14938.91 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 451 Division Stre , Kingston, K7K 4A8, Frontenac |
| Postal Code: | K7K 4A8 |
| Province/State: | Frontenac |
| Legal Description: | PT FARM LT 1 CON WGCR KINGSTON AS IN FR5 |
| Directions/Cross Streets: | Stephen Street & Division Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Use: | Retail Store Related |
| Building Percentage: | T |
| Total Area: | 0.19 |
| Total Area Code: | Acres |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX SERVICE FIRST REALTY INC., BROKERAGE |
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Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | 22 - East of Sir John A. Blvd |
| Tax: | $14,938.91 |
| Fireplace: | N |
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