569 Princess Street
Kingston, ON
- 3,558 sqft
- Commercial Retail
- 110 days on market
Premier standalone commercial building located in the heart of downtown Kingston. Positioned within a dense urban node with over 1,000 residential units within a 1 km radius, this property benefits from exceptional exposure, walkability, and consistent pedestrian traffic. With the city managed Williamsville Renewal Project in full swing, this area of Princess will see enhanced vibrancy and foot traffic. The building is fully equipped for restaurant use, offering a turn-key opportunity for food and beverage operators or franchise concepts. The current tenant is willing to remain and lease back the main floor. Zoned WM1, the property also presents compelling future redevelopment potential, permitting the construction of a multi-residential apartment building (subject to approvals). An ideal opportunity for investors seeking a stable NNN lease, owner-operators looking for a prime downtown location, or developers targeting long-term value in one of Kingston's most active commercial corridors.
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Listing Details
- Taxes (2025)
- $13,099
- Listed
- May 13, 2026
Price History
Listing history
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Property
- Lot Size
- 25.5 x 113 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Princes Street and Frontenac Street
- Zoning
- WM1
- Parcel Number
- 360720129
- Possession
- Flexible
- Occupancy
- Owner
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
- $589,900
- Homes sold
- 1,627
- Median days on market
- 23
- Sale-to-list price
- 97.3%
Based on 1,627 recorded sales of commercial properties in Kingston over the last 12 months.
Listed by
AXON REAL ESTATE BROKERAGE INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
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Commercial figures
- Building area
- 3,558 sq ft
- Price per sq ft
- $259.98
- Annual property tax
- $13,099
- Tax per sq ft
- $3.68
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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