Business For Sale · Industrial

624 JUSTUS DRIVE, Kingston (South of Taylor-Kidd Blvd)

624 JUSTUS DRIVE, Kingston (South of Taylor-Kidd Blvd), ON K7M4H4

Price on request

6,000 SF

Asset Class

Industrial

Size

6,000 SF

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

91%

Lot Size

1.381 ac

Clear height

32 ft

Loading docks

7

About this property

624 Justus Drive presents a great turn-key commercial opportunity, featuring a versatile 6,000 sq. ft. standalone building tailored for light manufacturing, warehousing, trade services, or flex-office use. A number of recent updates have been completed over the past five years, and this facility boasts modern efficiency alongside a fully fenced-in secure yard ideal for fleet parking, equipment staging, or outdoor storage. Flexible M2 General Industrial zoning accommodates a wide range of operational uses, while its strategic location offers seamless transit access to major Kingston business corridors and Highway 401. Available December 1, 2026. Asking Net Rent: $10.50 psf + $3.25 psf (Additional Rent) = $6,875.00 monthly rent plus hst and tenant pays utilities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Prairie Coffee Roasters5,442 SF2028-01

Area demographics

Trade area within 3 miles of the property.

Population

97,796

Households

44,929

Median income

$116,500

Median age

36.1

Daytime population

119,590

5-yr growth

1.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 624 JUSTUS DRIVE, Kingston (South of Taylor-Kidd Blvd).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.