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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
"My job is to deliver more results for you when you are buying or selling your property! "