842 Princess Street, Kingston (Central City East) - Business for Sale
842 Princess Street, Kingston (Central City East), Ontario, K7L1G3
This business in Kingston is for sale offering roughly 3,500 sq ft of space.
Description
Prime downtown Kingston investment opportunity-Property & Well established restaurant business for sale. Rare opportunity to acquire both a commercial property and a Chinese style restaurant in the downtown Kingston. Strategically located in a high-traffic Commercial district with excellent pedestrian and vehicle exposure, this property is surrounded by hotels, major banks, Canadian Tire, national retailers, and variety of established business. Conveniently located just minutes from Queen's University and within close proximity to the U.S. border, the area benefits from a stron mix of local residents, students, professional, and tourists year-round. (id:66096)
Property Details
- MLS®
- X13635866
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Parking
- 1
- Interior Size
- 3,500 ft²
- Lot Size
- 42 × 102 ft (4,263 sq ft)
- Frontage
- 42 ft
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Property Tax
- $19,000/yr
- Listed
- 94 days ago
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 94 days on market, against an average age of 61 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.
This business in Kingston (Central City East) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K7L)
This home lists at $890,000, about 12.3× the local median household income of $72,500.
Carrying it typically needs a household income of about $173,848 (20% down, 25-yr amortization, stress-tested) — roughly 140% above 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)
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$890,000
Kingston