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154 Division St 1,357 SF 100% Leased Retail Building Kingston, ON K7L 3M6 $765,000 CAD ($563.74 CAD/SF) 6.27% Cap Rate
Investment Highlights
- Downtown Kingston’s busiest intersection, surrounded by new and pending high-rise residential developments.
- Excellent opportunity for investors seeking stable income and long-term growth.
- Features ground-floor commercial space with a long-standing tenant, plus a spacious tenanted 3-bedroom residential unit on the upper level.
Executive Summary
Rare mixed-use investment opportunity in Downtown Kingston, steps from Queens University, the entertainment district, and major amenities. Features ground-floor commercial space with a long-standing tenant, plus a spacious tenanted 3-bedroom residential unit on the upper level. Separately metered utilities. Strong location along high-traffic Division St., surrounded by significant residential intensification. Excellent opportunity for investors seeking stable income and long-term growth. Income and Expenses available on request.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,357 SF
Building Class
C
Year Built
1895
Price
$765,000 CAD
Price Per SF
$563.74 CAD
Cap Rate
6.27%
NOI
$47,966 CAD
Percent Leased
100%
Building Height
2 Stories
Zoning
C1.286 - Local Commercial Zone
Parking
2 Spaces (1.47 Spaces per 1,000 SF Leased)
Frontage
375’ on Division
Amenities
- Bus Line
- Air Conditioning
Exceptionally walkable
100/100
Moderately drivable
60/100
Strong public transit
80/100
Very bikeable
80/100
Nearby Major Retailers
1 of 12
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154 Division St
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