$40 Per Sq Ft
FOR LEASE

Commercial/Retail

Lot: 198 x 177 ft

2628 Princess Street
Kingston, ON K7P 2S8

Prime stand alone retail/office opportunity in the west end of Kingston, with potential for drive-thru. 5,000 sq ft former bank with a combination of existing improvements that include open concept and built out offices, kitchenette, storage and meeting areas. 1 vault on site. Located on prime arterial route across from regional mall, Cataraqui Centre. City of Kingston transit stop directly out front of location (Routes 4&7). Ample parking spaces with potential opportunity to add additional spots at rear and west side of building. Total Asking Rent is $40.00 psf Net, $16.59 Taxes/CAM (2022) = $56.59 psf. Sub-Landlord will consider a net rent and additional rent amount equal to 70% of the gross rent, which equals being $40.00 psf gross rent plus utilities, as well as a free rent period (in addition to the fixturing period) as an inducement to a Sub-Tenant. Property is subject to former zoning bylaw (76-26) and is zoned C7-6. (id:47421)
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Listed By Royal LePage ProAlliance Realty, Brokerage
Data Provided By Kingston & Area Real Estate Association
MLS® Listing Number 40567272
Last Updated Jun 18, 2024
Property Summary
Property Type Commercial/Retail

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Price History

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Detailed Information
Lot 198 x 177 ft
Amenities Nearby Public Transit
Communication Type High Speed Internet
Community Features High Traffic Area
Features Southern exposure, Visual exposure
Listing Contract Date 2024-04-09
Location Description North side of Princess Street just East of Midland Avenue
Maintenance Fee Type Insurance, Common Area Maintenance, Landscaping, Other, See Remarks, Property Management
Ownership Type Freehold
# of Parking Spaces 35
Property Type Retail
Signage Pylon
Transaction Type For lease
Zoning Description C7-6
Building
Basement Type None
Exterior Finish Brick
Stories Total 1
Size (Exterior) 5000
Utility Water Well
Utilities
Type Description
ElectricityAvailable
Natural GasAvailable
TelephoneAvailable
Land
Total Size 0.811 acres
Access Type Road access
Amenities Public Transit
Sewer Municipal sewage system
Size of Irregular Land 0.811

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