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111 PRINCESS Street

111 PRINCESS Street

Kingston, ON

5,092 sqft • Commercial Retail • 365 days on market

$20/moFor Lease

Here is a fantastic opportunity to own a fully established bakery, deli, and restaurant in a premier downtown Kingston location in operation since 1963. The asking price is all equipment, goodwill and contacts. The property spans two levels, with 2,546 square feet on the main floor dedicated to a service area with comfortable dining, plus an additional 2,546 square feet on the lower level, featuring a commercial kitchen that is fully outfitted with high quality equipment and includes rear door access. The entire 5,092 square feet is available at a competitive net lease rate of $12.50 per square foot, with an additional $7.50 per square foot in operating costs (TMI). Also available is the dedicated parking spot in the adjacent municipal lot for just $156 per month and access to a seasonal patio leased from the city. A detailed list provided of income, expenses, catering clients, suppliers and equipment details is available to serious buyers. Significant updates. This is a fantastic opportunity to lease a fully established bakery, deli, and restaurant in a premier downtown Kingston location. The property spans two levels, with 2,546 square feet on the main floor dedicated to counters and a comfortable dining area, and an additional 2,546 square feet on the lower floor, featuring a commercial kitchen that is fully outfitted and includes rear door access. The entire 5,092square feet is available at a competitive net lease rate of $12.50 per square foot, with an additional $7.50 per square foot in operating costs. Also available dedicated parking spot in the nearby municipal lot for just $156 per month and access to a seasonal patio leased from the city. Restaurant equipment are not on the lease, but is available for sale to the tenant, with a detailed list provided upon request. Significant updates have been made in 2024, including a new HVAC system, freezer compressor, and evaporator coil. Seize this turnkey opportunity in one of the most desirable spots in Kingston!

Listing Details

Taxes (2024) — owner
$8
Listed
August 26, 2025

Price History

Listing history

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Property

Age
100+
Lot Size
21 x 136 Feet

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
PRINCESS STREET AND WELLINGTON ST
Zoning
DT1 - Commercial
Parcel Number
360440034
Possession
Immediate

Commercial

Business Type
Hospitality/Food Related
Occupancy
Owner
Rental Term
36-120 months

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.

Listed by

RE/MAX FINEST REALTY INC., BROKERAGE

Location

R

Reita | Assistant

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