Contacts
Sina Tahamtan
Rogers & Trainor Commercial Realty
(613) 583-7462
Kostas Doulas
Rogers & Trainor Commercial Realty
(613) 384-1997
Property Details
- Property Type Office - General Office
- Property Size 2,508 SF
- Date Updated Apr 15, 2024
Commercial-Residential investment opportunity, centrally located in the heart of Kingston’s downtown core, 1 block from the entertainment district (the “Hub”) & major grocery anchor (Metro), & 1 Km to Queen’s University Main Campus. RESIDENTIAL: The westerly section consists of an all brick & stone 3-Level Residential building, with 4 Units (1×2 Bed, 2x1Bed, 1xLoft) on month-to-month tenancies, with below market rents & significant rental upside following turnover. COMMERCIAL: The easterly section consists of an independent 1-Level 700 sf commercial unit separately metered for water, hydro/heat w/ 5 yr lease @ $1500/month+. Current and new upcoming zoning Bylaw permits a variety of commercial uses, including fast-food, restaurant, office, retail, and wellness clinic. New zoning bylaw offers potential to transform existing commercial section into a new 4-Storey mixed-use development w/ ground floor commercial & upper residential. The subject is strategically located within a growing residential and commercial intensification area. Within an approx. 1 Km radius of the subject, +/- 1700 Units have been completed or approved & +/-1250 Units proposed or pending approval. The Offering’s location, mixed-asset profile, rental upside and potential development opportunity presents a de-risked investment with long-term growth stability
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Getting around
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Location
- City Kingston, ON
- Neighborhood Inner Harbour
- Postal Code K7K 3S9
Points of Interest
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Kingston
2.83 miles
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Kingston - Artillery Park Aquatic Center
0.30 miles
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FLO
0.55 miles
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Stinson
0.70 miles
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Emily Street - Flo
0.73 miles
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Tesla
0.81 miles
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Canadian Tire Gas+
1.24 miles
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Petro-Canada
1.27 miles
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FLO
1.27 miles
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Kingston - Portsmouth Harbour
1.58 miles
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Shell
1.95 miles
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McKee Memorial Lot
0.02 miles
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Armstrong Memorial Lot
0.08 miles
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Gordon F. Tomkins Funeral Home parking
0.11 miles
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Bethel Church Parking
0.17 miles
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Coffeeco Customer Parking
0.19 miles
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Ordnance Municipal Parking
0.21 miles
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Chown Memorial Garage
0.21 miles
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Byron Lot
0.23 miles
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Springer Memorial Lot
0.28 miles
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Robert Bruce Memorial Lot
0.31 miles
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Plaza Hotel
0.25 miles
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The Rosemount Inn
0.30 miles
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Hochelaga Inn
0.34 miles
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The Queen's Inn
0.37 miles
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Four Points by Sheraton Hotel
0.51 miles
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Frontenac Club Inn
0.53 miles
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Prince George Hotel
0.55 miles
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Confederation Place Hotel
0.58 miles
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Holiday Inn
0.64 miles
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Residence Inn
0.65 miles
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J&K Supermarket
0.04 miles
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Metro
0.09 miles
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The Grocery Basket
0.16 miles
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KAS Asian Grocery
0.22 miles
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Bulk Barn
0.34 miles
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LaSalle Mews
0.35 miles
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General Brock's Commissary
0.44 miles
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Food Basics
0.49 miles
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The Common Market
0.56 miles
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Giant Tiger
0.98 miles
In-Depth Research Available for this Property
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