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COMMERCIAL PROPERTY SOLD
MIXED-USE INVESTMENT PROPERTY SOLD ON MONTREAL STREET, KINGSTON.
Set in Downtown Kingston among large and local retailers, restaurants, and surrounded by amenities, this location lends itself well for office and residential tenants.
15 Montreal Street is comprised of 2,050 SF +/- of commercial space and 2,075 SF +/- of residential space. The existing commercial layout includes 5 offices, 2 washrooms a kitchenette, with stairs linking the lower and upper level, featuring windows that extend to the lower level allowing this space to be filled with natural light. Currently, there are four residential units on the two upper floors with three two-bedroom units, and one one-bedroom unit with a den. All residential units are fully leased, with an annual residential income of $46,560.00.
Stacey MacDonald CCIM, Broker of Cushman and Wakefield Kingston represented the seller in negotiating the transaction.
Published: August 17th, 2021
More from Cushman and Wakefield Kingston:
- Commercial Property For Sale
- Commercial Property For Lease
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