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154 Division St
Kingston, ON K7L 3M6
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Downtown Kingston’s busiest intersection, surrounded by new and pending high-rise residential developments.
- Excellent opportunity for investors seeking stable income and long-term growth.
- Features ground-floor commercial space with a long-standing tenant, plus a spacious tenanted 3-bedroom residential unit on the upper level.
EXECUTIVE SUMMARY
Rare mixed-use investment opportunity in Downtown Kingston, steps from Queens University, the entertainment district, and major amenities. Features ground-floor commercial space with a long-standing tenant, plus a spacious tenanted 3-bedroom residential unit on the upper level. Separately metered utilities. Strong location along high-traffic Division St., surrounded by significant residential intensification. Excellent opportunity for investors seeking stable income and long-term growth. Income and Expenses available on request.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,357 SF
Building Class
C
Year Built
1895
Price
$559,427 USD
Price Per SF
$412.25 USD
Cap Rate
6.27%
NOI
$35,076 USD
Percent Leased
100%
Building Height
2 Stories
Zoning
C1.286 - Local Commercial Zone
Parking
2 Spaces (1.47 Spaces per 1,000 SF Leased)
Frontage
375’ on Division
AMENITIES
- Bus Line
- Air Conditioning
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