506 PRINCESS STREET, Kingston (Central City East), Ontario, K7L1C5

Property Description

506 PRINCESS STREET, KINGSTON is now available FOR LEASE of the ENTIRE BUILDING or INDIVIDUAL FLOORS! This prime landmark property currently operates as a bar and restaurant; however, the space could be adjusted to accommodate a variety of office, retail, and other commercial uses. This prime landmark property currently operates as a bar and restaurant; however, the space could be adjusted to accommodate a variety of office, retail, and other commercial uses. Site improvements boast a variety of exceptional exterior features, including a spacious front outdoor patio area, a cabana bar and a large side and rear deck areas. The Rental of the Patio areas is negotiable. The entire building offers a rentable area of 9,780 square feet, distributed across four levels, each of which can operate independently or as part of the overall rental area. The breakdown of the interior spaces includes the following: Basement Unit 506 - 1 & 5 (3,205 square feet), Main Floor, Unit 506 - 2 & 6 (3,340 square feet), which features a commercial kitchen and the core restaurant/bar space. Second Floor Unit 506 - 3 & 7 (3,290 square feet), dedicated to bar space. Third Floor Unit 506 - 4 & 8 (945 square feet), again suitable for various uses. Each floor is equipped with approved washroom facilities, offering The asking rent is net and carefree to the landlord. The Tenant is responsible for TMI (Taxes, Maintenance and Building Insurance) expenses, as well as Utilities (Hydro and Gas), Landscaping, Snow-Clearing and HVAC Maintenance. Tenant Allowance negotiable.BROCHURE, FLOOR PLANS & PERMITTED USES ARE IN DOCUMENTS. ALL FIXTURES AND CHATTELS ARE OWNED BY THE LANDLORD; use rental is extra and negotiable. Traffic Count at Alfred Street @ Princess Street - N/S 6,369 E/W 20,642 (Source - City of Kingston) Please feel free to contact the listing agent to arrange a viewing. Listing Agent to be present at all showings.All showings are to be scheduled during regular business hours only. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 9,780 sq ft (908.6 m²)
• Frontage: 99 ft (30.3 m)

Costs

• Annual Taxes: $32,657.00 (2024)

Listing Provided by: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Board: Kingston & Area Real Estate Association
Data provided via CREA DDF®.