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$ 925,000
Est. payment /mo
Active
569 Princess ST Kingston, ON K7L 1C8
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision 22 - East Of Sir John A. Blvd
MLS Listing ID X13121524
Annual Tax Amount $13,099
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Premier standalone commercial building located in the heart of downtown Kingston. Positioned within a dense urban node with over 1,000 residential units within a 1 km radius, this property benefits from exceptional exposure, walkability, and consistent pedestrian traffic. With the city managed Williamsville Renewal Project in full swing, this area of Princess will see enhanced vibrancy and foot traffic. The building is fully equipped for restaurant use, offering a turn-key opportunity for food and beverage operators or franchise concepts. The current tenant is willing to remain and lease back the main floor. Zoned WM1, the property also presents compelling future redevelopment potential, permitting the construction of a multi-residential apartment building (subject to approvals). An ideal opportunity for investors seeking a stable NNN lease, owner-operators looking for a prime downtown location, or developers targeting long-term value in one of Kingston's most active commercial corridors.
Location
State ON
County Frontenac
Area Frontenac
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 25.5
Lot Depth 113.0
Others
Security Features No
ParcelsYN No
Virtual Tour https://youriguide.com/ma9ay_569_princess_st_kingston_on/
Listed by AXON REAL ESTATE BROKERAGE INC.
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