Price: $14

#1 - 193 Resource Road, Kingston, ON K7P 2T3

Ideal location within the City of Kingston's Cataraqui Business Park with convenient access to Highway 401, the city core, and west-end amenities. The lease is based on the main floor area of 10,500 sq.ft. of warehouse/light industrial space with four grade-level doors and two dock-level doors, all 18' wide x 16' high, and approximately 1,500 sq.ft. of office space including reception, kitchenette, washrooms, utility room, and finished space as currently built out. There is a second-floor mezzanine of approximately 1,500 square feet. The property offers 600 Volt 3-phase service on a 2.5 acre lot (full lot area), with ample yard space (note: landlord reserves five parking spots for their use). The lease is for the left front-facing side of the building, identified as Unit #1. Highway access, city core proximity, and nearby city services, including bus routes, trails, adjacent Holiday Inn Express, and the Invista Centre, make this an exceptional location. The lease is triple net, based on the landlord's form of lease, with TMI estimated at $5.40/sq.ft./annum The landlord will also consider subleasing a portion of the space, as the landlord is a tenant of this unit subject to suitability of use within and landlord retaining a portion within.


Property Overview

Property type

Commercial - Industrial

Building Area

12000 Square Feet

List Price

$14

Gross Income

N/A

Annual Taxes

$32,541

Tax year

2024

Business Type

Warehouse

Years in Business

N/A

Location

Kingston, ON

Status

Active

Franchise

No

Last Updated

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Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

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