569 Princess Street, Kingston, ON K7L 1C8

Kingston, ON

MLS® X13121524 · For Sale

$925,000

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.

Listed by AXON REAL ESTATE BROKERAGE INC.