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85 Stephen St
Kingston, ON K7K 2C5
Retail Property For Sale
EXECUTIVE SUMMARY
Development property with severance potential. Prime development opportunity in central Kingston. This 7,740 sq. ft. lot (60 x 132) carries a Residential designation in the Official Plan with UR5 zoning. The site offers severance potential to create two separate lots, along with the possibility for additional density subject to municipal approvals. The existing structure provides potential redevelopment or adaptive reuse. The property is fully serviced with municipal water, sewer, natural gas, and electricity. A Phase I environmental assessment is available. Ideally situated near Regiopolis-Notre Dame Catholic High School and along multiple transit routes, the property is also walking distance to commercial uses and parks
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,783 SF
Building Class
C
Year Built
1960
Price
$495,000 CAD
Price Per SF
$177.87 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.18 AC
Zoning
UR5
Parking
7 Spaces (2.52 Spaces per 1,000 SF Leased)
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