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82 BROCK AND WELLINGTON

14 - Central City East | Kingston

$4,800,000.00

Listed 6 months ago

  • - bed
  • - bath
  • 18,016 sqft
  • - parking
  • Office

Property history

  • Now
    Listed on Apr 19, 2024

    Listed for $4,800,000.00

    172 days on market

Location & area

Schools nearby

Home Details

Description
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 never stay vacant long. Kingston’s downtown is recognized as one of Ontario's best downtowns with over 700 entertainment venues, marinas, city hall, and more, and this property is an integral corner to the community. Within easy walking distance to Queen’s University, both hospitals, restaurants, banks, and grocery stores, the next owner will hold a piece of Kingston history! Full financials available to qualified buyers upon completion of confidentiality agreement. (id:39198)
Additional media
https://youriguide.com/155_157_82_94_wellington_street_brock_st_kingston_on
Property taxes
$79,304.08 per year / $6,608.67 per month
Basement
Partial
Year build
1847
Type
Office
Bedrooms
null
Bathrooms
null
Parking spots
Total
Floor
-
Balcony
-
Pool
-
External material
Stone
Roof type
-
Lot frontage
-
Lot depth
-
Heating
-
Fire place(s)
-

    Listing Brokerage

    MLS® Listing
    40568196
    Brokerage
    RE/MAX Service First Realty Inc, Brokerage

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