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$229,000
For sale

160 Princess Street, Kingston (East of Sir John A. Blvd) - Business for Sale

160 Princess Street, Kingston (East of Sir John A. Blvd), Ontario, K7L3G5

1,773 ft²Listed 199 days ago
Overview

This business in Kingston is for sale offering roughly 1,773 sq ft of space.

Description

Discover a fully operational, well-appointed restaurant located on Princess Street in the heart of Kingston's vibrant downtown core. This turnkey business offers a unique and authentic concept - specializing in hand-pulled Lanzhou noodles and a broad menu of Chinese-and-Asian cuisine - popular with both local residents, post-secondary students and tourists alike. The modern, inviting dining space benefits from excellent visibility, steady foot traffic and the reputation of a beloved local destination. With thoughtfully designed kitchen and service areas, the business is ready for a new owner to step in and build on strong foundations: immediate revenue opportunities, existing loyal clientele and a prime location ideally suited for growth. Don't miss this rare chance to acquire a well-established dining venue in one of the city's most desirable hospitality zones. (id:66096)

Property Details

MLS®
X13021840
Property Type
Business
Business Type
Other
Zoning
C1-3
Interior Size
1,773 ft²
Frontage
29 ft
Building Area
1,773 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
199 days ago

Services

Water
Municipal water
Sewer
Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
199d
Kingston (East of Sir John A. Blvd) listings, avg age
85d
Price / ft²
$129
List price
$229K

Long Listed: 199 days on market, against an average age of 85 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Kingston (East of Sir John A. Blvd) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by RE/MAX FINEST REALTY INC., BROKERAGE · ELLA WANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7L)

This home lists at $229,000, about 3.2× the local median household income of $72,500.

Carrying it typically needs a household income of about $44,732 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$72,500
Population
19,621
Median age
40
Owner / renter
46% / 54%
Avg. household size
2

Source: Statistics Canada, 2021 Census (FSA K7L)

$229,000· $129/ft²
For sale

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Financing

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$229,000

Kingston

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