111 Princess Street

ActiveKingston157 days on marketMLS® X12368208
$74,900
$15 / sq ft
Bedrooms0
Bathrooms0
Interior5,092 sq ft
TypeCommercial
ListingFor Sale
Days on Market157

About this property

This is a fantastic opportunity to own a fully established bakery, deli, and restaurant in a premier downtown Kingston location in operation since 1963. The asking price is all equipment, goodwill and contacts - The property spans two levels, with 2,546 square feet on the main floor dedicated to a service area with comfortable dining, plus an additional 2,546 square feet on the lower level, featuring a commercial kitchen that is fully outfitted with high quality equipment and includes rear door access. The entire 5,092 square feet is available at a competitive net lease rate of $17.50 per square foot ($2.50 PSF discount for 5 year from regular 20.00 PSF given to purchaser of existing business) , with an additional $7.50 per square foot in operating costs (TMI). Also available is the dedicated parking spot in the adjacent municipal lot for just $156 per month and access to a seasonal patio leased from the city. A detailed list provided of income, expenses, catering clients, suppliers and equipment details is available to serious buyers. Significant updates have been made in 2024, including anew HVAC system, freezer compressor, and evaporator coil. Seize this turnkey opportunity in one of the most desirable spots in Kingston!

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberX12368208
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size5,092 sq ft
Beds / Baths0 bed · 0 bath
CityKingston
Postal CodeK7L 1A8
ProvinceON
Listed DateMarch 3, 2026
Days on Market157
Price per Sq Ft$15
BrokerageRE/MAX FINEST REALTY INC., BROKERAGE

Location

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Listed by RE/MAX FINEST REALTY INC., BROKERAGE