$2,799,000

176-178 Railway St

East of Sir John A. Blvd, Kingston, Ontario, K7K 2L9

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Multi-unit industrial and office property. Investment or owner-occupier opportunity. 25,393 SF Gross Leasable Area on a 1.25 acre site. $110 per sq ft. All buildings were fully renovated within the last 10 years. The property is currently fully leased with annual triple net income of $157,710. Rear yard, ample parking.176 Railway St. (Front Building):Unit 1: Leased until December 1, 2025. Tenant will be vacating in 2025. 10,235 SF over two levels. 3,400 SF offices, 6,835 SF R&D/Warehouse. Three grade-level loading doors (two drive-in 10x10 ft, & 14x10 ft, double man door 7.5x7.5ft). Climate controlled. Unit 2: Leased until October 31,2025. 5,158 SF warehouse/workshop. Two dock-level loading doors (8x8 ft & 8x10 ft). 178 Railway St. (Rear Building): Leased until November 30, 2025. Tenant has vacated. Available for sub-lease or owner-occupation. 10,000 SF warehouse. 16+ ft clear height. Drive-in door (14x15 ft), Two dock-level loading doors (8x8 ft & 8x10 ft). (39278240)

Property Info
MLS®: X11581339
Listing Courtesy of ROGERS & TRAINOR COMMERCIAL REALTY INC.
Total Bedrooms 0
Total Bathrooms 0
Basement Y
Floor Space 0 sq.ft.
Style other
Last Updated 2024-12-02
Property Type Industrial
Listed Price $2,799,000
Unit Pricing $2,799,000/sq.ft.
Strata Fee $0.00
Tax Estimate $47,741/Year
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