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    For Lease - 111 PRINCESS Street, Kingston, Ontario

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    Time on Jump  197 day

    AI Summary *

    • Established bakery and restaurant operating in downtown Kingston since 1963.
    • Two levels with 5,092 square feet, perfect for service and kitchen operations.
    • Fully outfitted commercial kitchen with high-quality equipment and rear access.
    • Affordable lease rate plus dedicated parking spot available nearby.
    • Recent updates include new HVAC, freezer compressor, and evaporator coil.

    Here is a fantastic opportunity to own a fully established bakery, deli, and restaurant in a premier downtown kingston location in operation since 1963. The asking price is all equipment, goodwill and contacts. The property spans two levels, with 2,546 square feet on the main floor dedicated to a service area with comfortable dining, plus an additional 2,546 square feet on the lower level, featuring a commercial kitchen that is fully outfitted with high quality equipment and includes rear door access. The entire 5,092 square feet is available at a competitive net lease rate of $12. 50 per square foot, with an additional $7. 50 per square foot in operating costs (tmi). Also available is the dedicated parking spot in the adjacent municipal lot for just $156 per month and access to a seasonal patio leased from the city. A detailed list provided of income, expenses, catering clients, suppliers and equipment details is available to serious buyers. Significant updates. This is a fantastic opportunity to lease a fully established bakery, and restaurant in a premier downtown kingston location. The property spans two levels,546 square feet on the main floor dedicated to counters and a comfortable dining area, and an additional 2,546 square feet on the lower floor, featuring a commercial kitchen that is fully outfitted and includes rear door access. The entire 5,092square feet is available at a competitive net lease rate of $12. 50 per square foot, with an additional $7. 50 per square foot in operating costs. Also available dedicated parking spot in the nearby municipal lot for just $156 per month and access to a seasonal patio leased from the city. Restaurant equipment are not on the lease, but is available for sale to the tenant, with a detailed list provided upon request. Significant updates have been made in 2024, including a new hvac system, freezer compressor, and evaporator coil. Seize this turnkey opportunity in one of the most desirable spots in kingston!
    Listing IDX12366341
    Address111 PRINCESS Street
    CityKingston, Ontario
    Lease$20
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Lease

    Subtype Commercial RetailCommunity Features Public TransitOwnership LeaseholdBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary

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    Listing Agency:  RE/MAX FINEST REALTY INC., BROKERAGE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    111 Princess Street
    Kingston , Ontario
    $20
    Get more info