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162 Division St 4,800 sq ft Retail Property Kingston, ON K7L 3M6 £787,268 (£164.01/sq ft)

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INVESTMENT HIGHLIGHTS

  • Development potential
  • Located in the heart of Kingston's "Hub" and steps from Queen's University.

EXECUTIVE SUMMARY

A 4,700 sq ft two storey commercial building located in the heart of Kingston's "Hub" and steps from Queen's University.
The property benefits from recent planning approvals to redevelop into a mixed use project containing 8 residential apartments.
The property also benefits from 10 parking spaces.
The existing commercial zoning permits a wide variety of uses including clinics, retail, restaurants, place of worship and grocery store.
The adjacent properties were recently rezoned and developed into 6-storey and 4-storey buildings with a total of 145 bedrooms, giving further density potential to the Buyer.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Shell Core
Property Type
Retail
Property Subtype
Shopfront
Property Size
4,800 sq ft
Costar Property Class
C
Year Built
1950
Price
£787,268
Price per sq ft
£164.01
Tenancy
Single
Number of Floors
2
Plot ratio
0.61
Total Plot Size
0.18 ac
Use Class
CA - Commercial - The existing commercial zoning permits a wide variety of uses including clinics, retail, restaurants, place of worship and grocery store.
Parking
10 Spaces (2.08 Spaces per 1,000 sq ft Leased)
Frontage
73 ft on Division Street
Walk Score®
Excellent pedestrian access (99)
Bike Score®
Good for cycling (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

NEARBY MAJOR RETAILERS

Spinco
Tim Hortons
Starbucks
Smoke's Poutinerie
Kinton Ramen
The WORKS Craft Burgers & Beer
freshii
Thai Express
Osmow's
Metro
  • Listing ID: 34493543

  • Date on Market: 15/01/2025

  • Last Updated:

  • Address: 162 Division St, Kingston, ON K7L 3M6

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