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$1,799,000
Status: For Sale
A development opportunity in Downtown Kingston. The vacant 4,700 sq ft two storey building has concept plans to construct a third storey to create a mixed use building containing a commercial unit and 8 residential apartments. The property also benefits from 10 parking spaces. The existing commercial zoning permits a wide variety of uses including clinics, retail, restaurants, place of worship and grocery store. The adjacent properties were recently rezoned and developed into a 6-storey and 4-storey buildings with a total of 145 bedrooms. Subject to municipal approved additional density/bedrooms could be achieved above the proposed concept.
| Property Type | :Commercial Sale |
|---|---|
| MLS Number | :40641586 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :04 Nov, 2024 (3 Days ago) |
| Source | :Kingston |
| Area | :Frontenac |
|---|---|
| City | :Kingston |
| Area Major | :Kingston |
| Area Minor | :14 - Central City East |
| Postal Code | :
K7M 3J4
|
| Directions | :On the West side of Division Street between Princess Street and Brock Street. |
| Price | : $1,799,000 |
|---|---|
| Property Taxes | :$29056.7 |
| Tax Year | :2024 |
|---|
| Bedrooms | :0 + |
|---|---|
| Place of Worship | :No |
| Approx Square Footage | :4800 sqft |
|---|
| Basement | :Full |
|---|
04 Nov, 2024
TREB #40641586
Price Change
$1799000
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$1,799,000
162 Division Street, Frontenac, ON
Listing ID #40641586
Price drop by $151,000
Price drop by $151,000