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$ 40
Est. payment | /mo
5,000 SqFt
$ 40
Est. payment | /mo
5,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sub-Lease
Square Footage 5,000 sqft
Price per Sqft $0
MLS Listing ID X11899918
Annual Tax Amount $36,772
Tax Year 2024
Property Description
Prime stand alone retail/office opportunity in west end of Kingston, with potential for drive-thru. 5,000 sq ft former bank with a combination of existing improvements that include open concept and built out offices, kitchenette, storage and meeting areas. 1 Vault on site. Located on prime arterial route across from regional mall, Cataraqui Centre. City of Kingston transit stop directly out front of location (Routes 4&7). Ample parking spaces with potential opportunity to add additional spots at rear and west side of building. Total asking rent is $40.00 psf Net, $16.59 Taxes/CAM (2022) = $56.59 psf. Sub-Landlord will consider a net rent and additional rent amount equal to 70% of the gross rent, which equals being $40.00 psf gross rent plus utilities, as well as a free rent period (in addition to the fixturing period) as an inducement to a Sub-Tenant.
Location
Province ON
County Frontenac
Community City Northwest
Area Frontenac
Zoning C7-6
Region City Northwest
City Region City Northwest
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features No
Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
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