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82-94 155-159 Brock And Wellington Street Kingston, Ontario K7L 3E1

18016 sqft

$4,800,000

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:48714)

Property Details

MLS® Number 40568196
Property Type Office
Amenities Near By Hospital, Public Transit, Schools
Communication Type High Speed Internet
Community Features High Traffic Area
Features Visual Exposure
Sign Type Unknown, Signband

Building

Basement Type Partial
Constructed Date 1847
Exterior Finish Stone
Foundation Type Stone
Stories Total 3
Size Exterior 18016.0000
Size Interior 18016 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 98 Ft
Size Frontage 75 Ft
Size Total Text Under 1/2 Acre
Zoning Description Dt-1: Mixed Use

Utilities

Electricity Available

https://www.realtor.ca/real-estate/26775235/82-94-155-159-brock-and-wellington-street-kingston

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