842 Princess Street
Kingston, ON
- 3,500 sqft
- Sale Of Business
- 404 days on market
Price Includes Building & Business. A Well Established 20 Years Chinese Restaurant Is Located In A Busy Street In Downtown Kingston. Close To Hotels, Bank, Queens University, Canadian Tire, Airport & Us Border. The Restaurant Has 80 Seats With Liquor Licence And Also Can Be Changed To Any Cuisine. Unlimited development potential! Owner is willing to offer up to 60% of LTV, Seller VTB mortgage to experienced operators. Owner is ready to retire-Bring Your Offer!! And Good For Entrepreneurs/Investors. Don't Lose This Opportunity
Listing Details
- Taxes (2025)
- $15,500
- Originally Listed
- $998,000
- Listed
- August 2, 2025
Price History
Listing history
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Property
- Lot Size
- 41.6 x 102.48 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Princess St/MacDonnell St
- Zoning
- Commercial
- Possession
- Other
- Occupancy
- Owner
Commercial
- Business Type
- Restaurant
Community
Postal area K7L
- Population
- 19,621
- Private dwellings
- 12,191
- Median age
- 40
- Average household size
- 2
- Median household income
- $72,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Kingston · last 12 months
- Median sold price
- $588,000
- Homes sold
- 1,640
- Median days on market
- 24
- Sale-to-list price
- 97.3%
Based on 1,640 recorded sales of commercial properties in Kingston over the last 12 months.
Listed by
RE/MAX CROSSROADS REALTY INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 3,500 sq ft
- Price per sq ft
- $256.86
- Annual property tax
- $15,500
- Tax per sq ft
- $4.43
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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