MLS®
40641586
Description
A development opportunity in Downtown Kingston.
The vacant 4,700 sq ft two storey building has concept plans to construct a third storey to create a mixed use building containing a commercial unit and 8 residential apartments.
The property also benefits from 10 parking spaces.
The existing commercial zoning permits a wide variety of uses including clinics, retail, restaurants, place of worship and grocery store.
The adjacent properties were recently rezoned and developed into a 6-storey and 4-storey buildings with a total of 145 bedrooms.
Subject to municipal approved additional density/bedrooms could be achieved above the proposed concept.
Price
$1,849,000.00
Specification
Area Size:
4800 sq ft
Zoning:
Commercial CA
HVAC:
Rooftop HVAC
Features
Near Hospital
Close to Schools
Downtown
Close to transit
High traffic area