ExtensionFor Lease

506 Princess Street
Kingston, Frontenac, ON, K7L 1C5

Commercial Retail
TRREB
MLS® Number: X12129597
$19.5/square feet (net)Lease Price
Commercial RetailProperty Type
9,780 sq ftSize
$32,657 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 506 Princess Street, Kingston, ON K7L 1C5

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Description

506 PRINCESS STREET, KINGSTON is now available FOR LEASE of the ENTIRE BUILDING or INDIVIDUAL FLOORS! This prime landmark property currently operates as a bar and restaurant; however, the space could be adjusted to accommodate a variety of office, retail, and other commercial uses. This prime landmark property currently operates as a bar and restaurant; however, the space could be adjusted to accommodate a variety of office, retail, and other commercial uses. Site improvements boast a variety of exceptional exterior features, including a spacious front outdoor patio area, a cabana bar and a large side and rear deck areas. The Rental of the Patio areas is negotiable. The entire building offers a rentable area of 9,780 square feet, distributed across four levels, each of which can operate independently or as part of the overall rental area. The breakdown of the interior spaces includes the following: Basement Unit 506 - 1 & 5 (3,205 square feet), Main Floor, Unit 506 - 2 & 6 (3,340 square feet), which features a commercial kitchen and the core restaurant/bar space. Second Floor Unit 506 - 3 & 7 (3,290 square feet), dedicated to bar space. Third Floor Unit 506 - 4 & 8 (945 square feet), again suitable for various uses. Each floor is equipped with approved washroom facilities, offering The asking rent is net and carefree to the landlord. The Tenant is responsible for TMI (Taxes, Maintenance and Building Insurance) expenses, as well as Utilities (Hydro and Gas), Landscaping, Snow-Clearing and HVAC Maintenance. Tenant Allowance negotiable.BROCHURE, FLOOR PLANS & PERMITTED USES ARE IN DOCUMENTS. ALL FIXTURES AND CHATTELS ARE OWNED BY THE LANDLORD; use rental is extra and negotiable. Traffic Count at Alfred Street @ Princess Street - N/S 6,369 E/W 20,642 (Source - City of Kingston) Please feel free to contact the listing agent to arrange a viewing. Listing Agent to be present at all showings.All showings are to be scheduled during regular business hours only.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$32,657 / 2024
Listing #:X12129597
Property Type:Commercial Retail
Building Age:51-99
Size:9,780 sq ft
Land Size:99.3 x 143
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE

Rooms

Details

Property

Property Type:Commercial Retail
Community:14 - Central City East
Municipality:Frontenac

Building

Size:9,780 sq ft
Building Age:51-99

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed
Utility Sewer:Sanitary+Storm

Land

Cross Street:ALFRED & UNIVERSITY

$19.5/square feet (net)

Lease price

506 Princess Street, Kingston – Commercial Retail for lease · MLS® # X12129597