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$ 2,799,000
Est. payment /mo
Active
176-178 Railway ST Kingston, ON K7K 2L9
1 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $2,799,000
Subdivision East Of Sir John A. Blvd
MLS Listing ID X11581339
Annual Tax Amount $47,741
Tax Year 2024
Property Sub-Type Industrial
Property Description
Multi-unit industrial and office property. Investment or owner-occupier opportunity. 25,393 SF Gross Leasable Area on a 1.25 acre site. $110 per sq ft. All buildings were fully renovated within the last 10 years. The property is currently fully leased with annual triple net income of $157,710. Rear yard, ample parking.176 Railway St. (Front Building):Unit 1: Leased until December 1, 2025. Tenant will be vacating in 2025. 10,235 SF over two levels. 3,400 SF offices, 6,835 SF R&D/Warehouse. Three grade-level loading doors (two drive-in 10x10 ft, & 14x10 ft, double man door 7.5x7.5ft). Climate controlled. Unit 2: Leased until October 31,2025. 5,158 SF warehouse/workshop. Two dock-level loading doors (8x8 ft & 8x10 ft). 178 Railway St. (Rear Building): Leased until November 30, 2025. Tenant has vacated. Available for sub-lease or owner-occupation. 10,000 SF warehouse. 16+ ft clear height. Drive-in door (14x15 ft), Two dock-level loading doors (8x8 ft & 8x10 ft). (39278240)
Location
Province ON
County Frontenac
Community East Of Sir John A. Blvd
Area Frontenac
Zoning DR (formerly M6/M7)
Interior
Cooling Partial
Exterior
Utilities Available Yes
Others
Security Features No
Virtual Tour https://www.youtube.com/watch?v=2PCy2zyZFBI
Listed by ROGERS & TRAINOR COMMERCIAL REALTY INC.