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.
MLS# | 40567272 |
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Listing Type | For Lease |
Status | Active |
Days On Site | 182 |
Listing Provided By | Royal LePage ProAlliance Realty, Brokerage | Stacey Macdonald |
SQ Feet | 5,000 |
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Story(s) | 1 |
Zoning | C7-6 |
Acreage | 0.81 |
Province | ON |
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County | Frontenac |
City | Kingston |
Postal Code | K7P 2S8 |
Area | Kingston |
Subarea | 42 City Northwest |
Community Name | 42 City Northwest |
Listing VS Median (in 42 City Northwest) | |
Price: $40 low | high Med: $747,080 SqFt: 5,000 low | high Med: 1,775 $ / SqFt: $0 low | high Med: $421 On Site: 182 low | high Med: 146.000000 |