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Home ON Greater Kingston Kingston Sydenham
82-94 155-159BROCK & WELLINGTON STREET
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82-94 155-159BROCK & WELLINGTON STREET $4,800,000
$4,800,000
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82-94 155-159BROCK & WELLINGTON STREET
Kingston (Central City East), Ontario K7L3E1

MLS® Number: X9410309

Listing Description

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 todays 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 never stay vacant long. 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! Full financials available to qualified buyers upon completion of confidentiality agreement. (36185544)

Location Description

Corner of Brock and Wellington.

Property Summary

Property Type
Business
Community Name
Central City East
Land Size
Unit=74.97 x 97.82 FT|under 1/2 acre
Annual Property Taxes
$79,304.08
Time on REALTOR.ca
211 days

Building

Building Features
Foundation Type
Stone
Utilities
Water
Municipal water
Exterior Features
Exterior Finish
Stone
Neighbourhood Features
Amenities Nearby
Public Transit, Hospital

Measurements

Square Footage
18016 sqft

Land

Lot Features
Frontage
74 ft ,11 in
Land Depth
97 ft ,9 in
Other Property Information
Zoning Description
DT-1: Mixed Use
Farm Features
Farm Type
Other
Data provided by: Kingston & Area Real Estate Association 720 Arlington Park Place, Kingston, Ontario K7M 8H9
LUCA ANDOLFATTO