2628 Princess Street, Kingston, ON K7P 2S8

Kingston K7P 2S8 Ontario

MLS: X12403849

$40

Added 2 hours ago | For Sub-Lease

Listed by: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

About Property

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. Current Lease expires Feb 28, 2027.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 198 X 177
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Gardiners Road
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $39401.88
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12403849

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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