$1,225,000
Available - For Sale
Listing ID: X12131307
479 Princess Stre , Kingston, K7L 1C3, Frontenac
| Located in the heart of downtown Kingston, 479 Princess Street presents a versatile mixed-use investment opportunity with 3,115.06 sq ft of total interior space with 1,077 sq ft of basement area. Zoned WM1, the property permits a wide range of residential and commercial uses, including restaurant, retail, office, and apartment dwellings. The main floor is leased to a long term tenant on a month to month lease and features a fully equipped restaurant, including a spacious kitchen, dining areas, walk-in freezer, with washrooms on the 2nd floor. The second floor includes one x 5 bedroom residential unit, 2 x bathrooms, and in-suite laundry. The basement offers over 1,000 sq ft of dedicated storage space, ideal for operational or tenant use. This high-visibility property is strategically positioned along a major commercial corridor, benefiting from strong pedestrian and vehicular traffic, and surrounded by new development, and is well-suited for investors or owner-operators seeking stable returns and long-term value. Residential apartment is currently managed by Frontenac Property Management and is listed at $4875/month + utilities. |
| Price | $1,225,000 |
| Taxes: | $10931.21 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 479 Princess Stre , Kingston, K7L 1C3, Frontenac |
| Postal Code: | K7L 1C3 |
| Province/State: | Frontenac |
| Legal Description: | PT FARM LT 24 CON 1 KINGSTON AS IN FR721 |
| Directions/Cross Streets: | University Avenue. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Multi-Use |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 3115.06 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1547 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | Other |
| Central Air Conditioning: | Partial |
| Sewers: | Sanitary+Storm |
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| ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE |
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Shaukat Malik, M.Sc
Broker Of Record
Dir:
647-575-1010
Bus:
416-400-9125
Fax:
1-866-516-3444
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Frontenac |
| Municipality: | Kingston |
| Neighbourhood: | 22 - East of Sir John A. Blvd |
| Tax: | $10,931.21 |
| Fireplace: | N |
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