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For Lease · Office

271 CONCESSION STREET, Kingston (East of Sir John A. Blvd)

271 CONCESSION STREET, Kingston (East of Sir John A. Blvd), ON K7K2B7

$12 per sq ft / yr

—

Asset Class

Office

Size

—

Building class

C

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

84%

Lot Size

0.0369 ac

About this property

Welcome to 271 Concession Street, a versatile retail or office opportunity located in one of Kingston's central main arterial corridors. This well-maintained building offers excellent visibility, prominent signage potential, and is zoned CA (Arterial Commercial), allowing for a wide range of permitted uses including retail, office, medical, and restaurant (prospective tenants to verify specific uses with the City of Kingston). With a competitive lease rate of $12.00 per square foot, with $10.00 psf in additional rent, this property presents an exceptional opportunity for businesses seeking affordable, functional space in a central and accessible location. The area is surrounded by both residential and commercial developments, with public transit nearby and ample onsite parking available for clients and staff. Don't miss the chance to position your business in a thriving and strategically located area of the City. Premises is approximately 3206 sf +/- with a 495 sf +/- garage area. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$12
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

4.86%

DSCR

1.26

Going-in cap

7.00%

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.

Area demographics

Trade area within 3 miles of the property.

Population

93,387

Households

39,491

Median income

$77,500

Median age

40.6

Daytime population

141,994

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 271 CONCESSION STREET, Kingston (East of Sir John A. 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.