176-178 Railway Street 2 Properties Offered at $1,831,950 in Kingston, ON

This multi-unit industrial and office property presents an excellent investment or owner-occupier opportunity, offering a total of 25,393 square feet of gross leasable area on a 1.25-acre site at $98.41 per square foot. All buildings have been fully renovated within the last ten years and the property is currently fully leased, generating an annual triple net income of $157,710. The site features a rear yard and ample parking, with three distinct units: 176 Railway St. (Front Building) includes Unit 1, a 10,235-square-foot space over two levels with offices and R&D/warehouse, leased until December 1, 2025, and Unit 2, a 5,158-square-foot warehouse/workshop leased until October 31, 2025; both units offer multiple loading doors and climate control. 178 Railway St. (Rear Building) is a 10,000-square-foot warehouse with 16+ foot clear height, drive-in and dock-level loading doors, leased until November 30, 2025, with the tenant currently sub-leasing and no right to renew.