451 Division ST Pending

Kingston,ON K7K 4A8

$ 499900

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Pending

Purchase Type For Sale

Subdivision 22 - East Of Sir John A. Blvd

MLS Listing ID X12082240

Annual Tax Amount $14,939

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

Stand alone commercial building on a prime corner lot in downtown Kingston. Strong return with existing tenancy and revenue. Net annual rent: $31 213.13. Tenant has leased and occupied the property sine 1984. Lease renewal in place until June 30th, 2029, with options for further renewals. Corporate, Triple Net lease, with all costs paid for by the tenant. Potential for further development by future end user. Lease contains first right of refusal provision.

Location

Province ON

County Frontenac

Community 22 - East Of Sir John A. Blvd

Area Frontenac

Interior

Cooling Yes

Exterior

Utilities Available Available

Others

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