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Home ON Greater Kingston Kingston Sutton Mills
2559 PRINCESS STREET S
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2559 PRINCESS STREET S $229,000
$229,000
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2559 PRINCESS STREET S
Kingston (North of Taylor-Kidd Blvd), Ontario K7P2W8

MLS® Number: X10426803

Listing Description

Make money day one! This turnkey, fully operational Indian Takeout/Delivery Restaurant (QSR) is now for sale. The Seller may consider transferring the name and menu to the successful Buyer. This unit is in an excellent high-traffic plaza at the south west corner of Princess St. and Gardiners Road, one of Kingston's busiest intersections, and adjacent to the Cataraqui Mall. There is ample on-site parking. The current lease has a very attractive rental rate and expires mid-2031. There are two optional five-year renewal periods. If the current set-up does not suit the Buyers intended use the space can be easily rebranded for other QSRs such as Chinese, Thai etc. (Note: Pizza take-out and Subway are existing tenants). The high-quality fit-up, completed in 2023, includes a 12 exhaust hood, suppression system, walk-in fridge and freezer, 2 x double sinks, cooking range, oven, wok burner and fryer, as well as all other components of a modern commercial kitchen. (38082739)

Location Description

SW Corner of Princess St. and Gardiners Rd.

Property Summary

Property Type
Business
Community Name
North of Taylor-Kidd Blvd
Land Size
Unit=313.6 x 155.6 FT
Annual Property Taxes
$5,000
Time on REALTOR.ca
33 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Name
Namaste Fine Indian Cuisine
Business Type
Restaurant (Fast foods)
Neighbourhood Features
Amenities Nearby
Highway, Public Transit

Measurements

Square Footage
1120 sqft

Land

Lot Features
Frontage
313 ft ,7 in
Land Depth
155 ft ,7 in
Other Property Information
Zoning Description
C2-24
Data provided by: Kingston & Area Real Estate Association 720 Arlington Park Place, Kingston, Ontario K7M 8H9
MICHAEL TREMBLAY