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$99,900
Ontario,Kingston (Central City East)
For Sale Active
111 PRINCESS STREET, Kingston (Central City East), Ontario K7L1A8
  • 5,092 Sqft
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Basic Details
Description

This is a fantastic opportunity to own a fully established bakery, deli, and restaurant in a premier downtown Kingston location in operation since 1963. The asking price is all equipment, goodwill and contacts – The property spans two levels, with 2,546 square feet on the main floor dedicated to a service area with comfortable dining, plus an additional 2,546

square feet on the lower level, featuring a commercial kitchen that is fully outfitted with high quality equipment and includes rear door access. The entire 5,092 square feet is available at a competitive net lease rate of $17.50 per square foot ($2.50 PSF discount for 5 year from regular 20.00 PSF given to purchaser of existing business) , with an additional $7.50 per square foot in operating costs (TMI). Also available is the dedicated parking spot in the adjacent municipal lot for just $156 per month and access to a seasonal patio leased from the city. A detailed list provided of income, expenses, catering clients, suppliers and equipment details is available to serious buyers. Significant updates have been made in 2024, including anew HVAC system, freezer compressor, and evaporator coil. Seize this turnkey opportunity in one of the most desirable spots in Kingston! (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X12368208
  • Price: $99,900
  • Square Footage: 5,092 Sqft
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 277110
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Kingston (Central City East), K7L1A8
  • Street: Princess
  • Street Number: 111
  • Street Suffix: Street
  • Longitude: W77° 31' 1.2''
  • Latitude: N44° 13' 54.4''
Additional Information
  • Water Source:
  • Business Type: Restaurant
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Listing updated: 2025-11-22 14:59:25
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Listing Information
  • List Agent Key: 2163646
  • List Office Key: 277110
  • Modification Timestamp: 2025-10-23T00:41:30Z
  • Originating System Name: Kingston & Area Real Estate Association
  • Status Change Timestamp: 2025-10-23T00:23:09Z
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Listing updated: 2025-11-22 14:59:26
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