82-94 155-159 Brock St & Wellington St. Street, Kingston (Central City East), Ontario

About 82-94 155-159 Brock St & Wellington St. Street

In the heart of downtown Kingston, sits this one-of-a-kind, well-conditioned, well-operated historical building. This building has 6 retail storefronts spanning over 6000 sq. ft. on the ground floor, 3 offices on the second floor, and 11 residential apartments on the second and third floors. This historic limestone building has up-to-date security and fire safety features and has been diligently and prudently maintained by the current owners for 5 decades. In today's world of rising rates and economic uncertainty, this investment will add stability and growth to any portfolio. All the retail leases have built-in annual escalation. The residential units have a graduate student demographic for income stability. Approval in place to convert more office to residential. Kingston's downtown is recognized as one of Ontario's best downtowns with over 700 entertainment venues, marinas, city hall, and more, and this property is an integral corner to the community. Within easy walking distance to Queens University, both hospitals, restaurants, banks, and grocery stores, the next owner will hold a piece of Kingston history! This property has good strong income, and good upside for any investor. Full financials available to qualified buyers upon completion of confidentiality agreement. (id:6289)

More Info on this 14 - Central City East MLS® listing

82-94 155-159 Brock St & Wellington St. Street is a listing for sale in Kingston (Central City East). The MLS® number is X14030204. It covers 18,016 square feet. It's currently listed for $4,499,900. For more details on MLS® X14030204, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in 14 - Central City East is available now!

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