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46 Montreal St
23,104 SF 100% Leased Retail Building Kingston, ON K7K 3E6 £2,477,381 (£107/SF)
Investment Highlights
- Unique value-add investment property
- 8,000 sf of rentable commercial space and 34 Residential Suites (plus 3 additional units under development)
- High traffic corner in Downtown Kingston
Executive Summary
Downtown Investment/Development Opportunity: Prominent property in high-traffic corner location in Downtown Kingston. Excellent visibility and signage along Montreal Street & Queen Street. Site is +/- 8,850 sf, with current layout of +/- 23,100 sf of built out space consisting of +/- 8,000 sf of rentable commercial space and 34 Residential Suites (plus 3 additional units under development). Kingston's only 'Adult Entertainment Parlour' licence is attached to the real estate. Unique value-add investment property with future development potential. Please contact listing agent for income and expenses.
Property Facts
Sale Type
Investment
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
23,104 SF
Year Built
1980
Price
£2,477,381
Price Per SF
£107
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
2.36
Lot Size
0.22 AC
Zoning
C1 - Central Business Zone, Kingston Bylaw 96-259
Walk Score ®
Walker's Paradise (100)
Bike Score ®
Very Bikeable (79)
Nearby Major Retailers
1 of 2
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46 Montreal St
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