Kingston, ON K7K 4A8,451 Division ST
Kingston, ON K7K 4A8,451 Division ST
Kingston, ON K7K 4A8,451 Division ST
Kingston, ON K7K 4A8,451 Division ST
Kingston, ON K7K 4A8,451 Division ST
Kingston, ON K7K 4A8,451 Division ST
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$ 499,900
Est. payment | /mo

$ 499,900
Est. payment | /mo

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 X12188277

Annual Tax Amount $14,938

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

BUILDING FOR SALE ONLY: Stand alone commercial building on a prime corner lot in downtown Kingston. Strong return with existing tenancy and revenue. Net annual rent to Seller/Landlord is: $31 213.13. Tenant has leased and occupied the property since 1984. Seller has owned the property since 1985. Current Lease renewal in place until June 30th, 2029, with 2 further options until 2039. Lease is a Head Corporate, Triple Net lease, with all costs paid for by the tenant. No Environmental Reports on file. Property is being sold as is where is, Buyer to conduct their own due diligence. ALL offers MUST have a minimum 48 hour irrevocable, and any completion date must be on or after the 16th of September 2025. Lease documents on file and will only be released upon a fully completed NDA/CA.

Location

Province ON

County Frontenac

Community 22 - East Of Sir John A. Blvd

Area Frontenac

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 82.4

Lot Depth 101.2

Others

Security Features No

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Listed by RE/MAX SERVICE FIRST REALTY INC., BROKERAGE
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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451 Division ST