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102 Fraser St 31,000 SF 100% Leased Industrial Building Kingston, ON K7K 2J2 $2,740,833 USD ($88.41 USD/SF)

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INVESTMENT HIGHLIGHTS

  • Prime commercial property located just half a block east of Division Street with frontage on Fraser Street and Joseph Street.
  • Zoned Residential under the Official Plan, offering strong redevelopment potential.
  • Currently operating as a self-storage facility with two industrial tenants, providing positive cash flow.
  • Expansive 4.332-acre site with approximately 31,000 sq. ft. of buildings, ideal for a diverse residential development mix.

EXECUTIVE SUMMARY

Commercial property situated half a block East of Division St., with frontage on Fraser St. and Joseph St., adjacent to the northern boundary of Inner Harbour Neighbourhood. Currently utilized as a self-storage facility with two industrial tenants, this property, designated Residential under the Official Plan, offers positive cash flow. With a substantial site area of approximately 4.332 acres and a building size of around 31,000 sq. ft., it presents a unique chance for residential redevelopment with a mix of single lots, semi-detached homes, stacked townhomes, and mid-rise multi-residences. Contact us now for more details.

PROPERTY FACTS

Price $2,740,833 USD
Price Per SF $88.41 USD
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 4.33 AC
Rentable Building Area 31,000 SF
No. Stories 1
Year Built 1957
Clear Ceiling Height 12’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 1
Zoning M6 Industrial - M6 Industrial

AMENITIES

  • Yard
  • Storage Space

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 30766608

  • Date on Market: 1/25/2024

  • Last Updated:

  • Address: 102 Fraser St, Kingston, ON K7K 2J2

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