
Listed For $4,499,900
Added 6 days ago
18016 Square Feet
Commercial Retail
$85,182 Tax / yr
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Bedrooms
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Bathrooms
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Garages
18016
Square Feet
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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
Census area 35100199; area-wide figures, not facts about this home.
Adapted from Statistics Canada, 2021 Census of Population, Census Profile, 2021. This does not constitute an endorsement by Statistics Canada of this product.