For Rent

111 PRINCESS Street, Kingston, Ontario K7L 1A8

$0

111 PRINCESS Street, Kingston, Ontario K7L 1A8 is For Rent and has a listing price of 20. The property is located in the Inner Harbour neighbourhood . It's been on the website for 26 Days.

  • MLS ID: X12366341
  • Office Name RE/MAX FINEST REALTY INC., BROKERAGE
Property Description

Here is a fantastic opportunity to own a fully established bakery, deli, and restaurant in a premier downtown Kingston location in operation since 1963. The asking price is all equipment, goodwill and contacts. The property spans two levels, with 2,546 square feet on the main floor dedicated to a service area with comfortable dining, plus an additional 2,546 square feet on the lower level, featuring a commercial kitchen that is fully outfitted with high quality equipment and includes rear door access. The entire 5,092 square feet is available at a competitive net lease rate of $12.50 per square foot, with an additional $7.50 per square foot in operating costs (TMI). Also available is the dedicated parking spot in the adjacent municipal lot for just $156 per month and access to a seasonal patio leased from the city. A detailed list provided of income, expenses, catering clients, suppliers and equipment details is available to serious buyers. Significant updates. This is a fantastic opportunity to lease a fully established bakery, deli, and restaurant in a premier downtown Kingston location. The property spans two levels, with 2,546 square feet on the main floor dedicated to counters and a comfortable dining area, and an additional 2,546 square feet on the lower floor, featuring a commercial kitchen that is fully outfitted and includes rear door access. The entire 5,092square feet is available at a competitive net lease rate of $12.50 per square foot, with an additional $7.50 per square foot in operating costs. Also available dedicated parking spot in the nearby municipal lot for just $156 per month and access to a seasonal patio leased from the city. Restaurant equipment are not on the lease, but is available for sale to the tenant, with a detailed list provided upon request. Significant updates have been made in 2024, including a new HVAC system, freezer compressor, and evaporator coil. Seize this turnkey opportunity in one of the most desirable spots in Kingston!

Property Details
  • Property Type: Commercial
  • Listing Type: For Rent
  • Listing ID: X12366341
  • Price: $20
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 136
  • Ref ID: X12366341
  • Dir / Cross St: PRINCESS STREET AND WELLINGTON ST
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 100+
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
08/28/2025 X12368208 $99,900 For Sale - -
08/27/2025 X12366341 $20 For Rent - -
04/29/2025 X12110991 $20 For Rent - -
04/29/2025 X12111012 $99,900 For Sale - -
01/10/2025 X11918245 $229,900 For Sale - -
01/10/2025 X11918236 $13 For Lease - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Inner Harbour
  • $1,150 Average List Price
    based on 1 year
  • 43 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.07 % Up
  • Sold (12mo) 31
  • Rented (12mo) 3

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    67.91%
  • Commercial
    14.36%
  • Condo
    17.55%
  • Land for Sale
    0.18%
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Other
  • Kitchen Y
  • Taxes: $8
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 27/08/2025 14:51:41
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