New Listing
82-94 155-159 Brock St & Wellington St. Street,Kingston, ON K7L 3E1
Kingston, ON K7L 3E1
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 have a graduate student demographic for income stability. Approval in place to convert more office to residential. 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 Queens University, both hospitals, restaurants, banks, and grocery stores, the next owner will hold a piece of Kingston history! This property has good strong income, and good upside for any investor. Full financials available to qualified buyers upon completion of confidentiality agreement.
Details
| MLS # | X14030204 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 5 |
| Listing Provided By | RE/MAX SERVICE FIRST REALTY INC., BROKERAGE | X14030204 470200 |
Features
| SQ Feet | 18,016 |
|---|---|
| Acreage | 0.41 |
Interior
| Cooling | Partial |
|---|
Exterior
| Community Features | Public Transit |
|---|---|
| Security Features | Partial |
Utilities
| Utilities | Yes |
|---|---|
| Sewer | Sanitary+Storm |
Taxes
| Tax Annual Amount | 85182 |
|---|---|
| Tax Type | N/A |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Frontenac |
| City | Kingston |
| Postal Code | K7L 3E1 |
| Area | 14 Central City East |
| Listing VS Median (in K7L 3E1) | |
Price: $4,499,900 low | high Med: $3,700 sqft: 18,016 low | high Med: 1,148 $ / sqft: $250 low | high Med: $3 On site: 5 low | high Med: 31 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Frontenac |
| City | Kingston |
| Postal Code | K7L 3E1 |
| Area | 14 Central City East |
| Listing VS Median (in K7L 3E1) | |
Price: $4,499,900 low | high Med: $3,700 sqft: 18,016 low | high Med: 1,148 $ / sqft: $250 low | high Med: $3 On site: 5 low | high Med: 31 | |