1/7164 PRINCESS STREET, Kingston (Central City East)
164 PRINCESS STREET, Kingston (Central City East), ON K7L1B1
$99,900 total
1,662 SF
Asset Class
Retail
Size
1,662 SF
Building class
A
Zoning
CB1 — Low Intensity Business
$ / SF
$60
Occupancy
84%
About this property
NEW PRICE! Well-established convenience store in the heart of downtown Kingston, just steps to Queen's University, the waterfront, and major attractions. Enjoy excellent year-round foot traffic from students, residents, and tourists! Fully licensed for liquor and lottery ticket sales, this business offers high-margin products, stable income, and strong room for further growth. Secure long-term lease in place: 5 years + 5-year renewal option (Business hours: 10:00 AM - 10:00 PM). Sale of business only. Seller will provide the list of equipment and chattels; inventory is extra and calculated at cost on the closing date. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$461
Projected NOI
$6K
Annual cash flow
$45
Cash-on-cash
0.15%
DSCR
1.01
Going-in cap
5.59%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Cascade Foods Inc. | 646 SF | 2031-06 |
| Cascade Foods Inc. | 757 SF | 2031-06 |
Area demographics
Trade area within 3 miles of the property.
Population
42,880
Households
18,697
Median income
$111,000
Median age
31.9
Daytime population
39,660
5-yr growth
2.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 164 PRINCESS STREET, Kingston (Central City East).
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.