$230,000 FOR SALE

Business for Sale

111 Princess Street
Kingston (East Of Sir John A. Blvd), ON K7L 1A8

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 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 $12.50 per square foot, 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 a new HVAC system, freezer compressor, and evaporator coil. Seize this turnkey opportunity in one of the most desirable spots in Kingston! (id:47423)

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Listed By ROYAL LEPAGE PROALLIANCE REALTY, Brokerage, RE/MAX FINEST REALTY INC., Brokerage
Data Provided By Kingston & Area Real Estate Association
MLS® Listing Number X9514605
Last Updated Dec 10, 2024
Property Summary
Property Type Business For Sale

More like this:
Franchise Non-Franchise
Community East of Sir John A. Blvd
Price History
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Detailed Information
Listing Contract Date 2024-10-25
Location Description Princess Street between Wellington & Bagot, next to Scotia Bank
Property Type Business
Transaction Type For sale
Zoning Description DT1-Commercial
Business
Name Golden Rooster Delicatessen
Building

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