Centrally located along Princess Street, one of the main routes connecting Kingston. Exceptional visibility and tenant demand driven by dense residential surroundings and nearby green space. Transit-oriented location with a bus stop across the street from the Properties. Well-maintained and professionally managed building with strong curb appeal and ample on-site parking. Fully leased to two strong national tenant brands, one that has remained long term. Stable cash flow supported by a strong weighted average lease term of 4.83 years. Additonal ARN: 101102007000900
Address
490-502 Princess Street
List Price
$3,400,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Kingston
Sub-Area
Central City East
Region
Frontenac
Lot Size Source
GeoWarehouse
Lot Shape
Irregular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
163.05
Parcel Number
360350085
Total Building Area
7041
Occupant Type
Tenant
Cross Street
Princess Street and Division Street
MLS® Number
X13784194
Listing Brokerage
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES
Postal Code
K7L 1C5
Posession Details
Immediate
Tax Amount
$51,108.41
Tax Year
2025
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Partial
Garage Type
Outside/Surface
Security Features
Partial
