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Home ON Greater Kingston Kingston Rideau Heights
176-178 RAILWAY STREET
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176-178 RAILWAY STREET $2,799,000
$2,799,000
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176-178 RAILWAY STREET
Kingston (East of Sir John A. Blvd), Ontario K7K2L9

MLS® Number: X11581339

Listing Description

Multi-unit industrial and office property. Investment or owner-occupier opportunity. 25,393 SF Gross Leasable Area on a 1.25 acre site. $110 per sq ft. All buildings were fully renovated within the last 10 years. The property is currently fully leased with annual triple net income of $157,710. Rear yard, ample parking.176 Railway St. (Front Building):Unit 1: Leased until December 1, 2025. Tenant will be vacating in 2025. 10,235 SF over two levels. 3,400 SF offices, 6,835 SF R&D/Warehouse. Three grade-level loading doors (two drive-in 10x10 ft, & 14x10 ft, double man door 7.5x7.5ft). Climate controlled. Unit 2: Leased until October 31,2025. 5,158 SF warehouse/workshop. Two dock-level loading doors (8x8 ft & 8x10 ft). 178 Railway St. (Rear Building): Leased until November 30, 2025. Tenant has vacated. Available for sub-lease or owner-occupation. 10,000 SF warehouse. 16+ ft clear height. Drive-in door (14x15 ft), Two dock-level loading doors (8x8 ft & 8x10 ft). (39278240) (39278240)

Location Description

Just off Division and Railway intersection.

Property Summary

Property Type
Industrial
Building Type
Warehouse
Community Name
East of Sir John A. Blvd
Annual Property Taxes
$47,741.07
Time on REALTOR.ca
19 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Industrial (Warehouse)

Measurements

Square Footage
1 ac

Land

Other Property Information
Zoning Description
DR (formerly M6/M7)
Data provided by: Kingston & Area Real Estate Association 720 Arlington Park Place, Kingston, Ontario K7M 8H9
JAMES WARD