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Home ON Greater Kingston Kingston Inner Harbour
451 DIVISION STREET
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451 DIVISION STREET $499,900
$499,900
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451 DIVISION STREET
Kingston (East of Sir John A. Blvd), Ontario K7K4A8

MLS® Number: X12082240

Listing Description

Stand alone commercial building on a prime corner lot in downtown Kingston. Strong return with existing tenancy and revenue. Net annual rent: $31 213.13. Tenant has leased and occupied the property sine 1984. Lease renewal in place until June 30th, 2029, with options for further renewals. Corporate, Triple Net lease, with all costs paid for by the tenant. Potential for further development by future end user. Lease contains first right of refusal provision. (40248644)

Location Description

Stephen Street & Division Street

Property Summary

Property Type
Retail
Community Name
22 - East of Sir John A. Blvd
Land Size
82.4 x 101.2 FT
Annual Property Taxes
$14,939
Time on REALTOR.ca
11 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Retail misc.)

Land

Lot Features
Frontage
82 ft ,4 in
Land Depth
101 ft ,2 in
Other Property Information
Zoning Description
UR.5
Data provided by: Kingston & Area Real Estate Association 720 Arlington Park Place, Kingston, Ontario K7M 8H9
LUCA ANDOLFATTO