505 Princess ST, Kingston, ON K7L 1C3
505 Princess ST, Kingston, ON K7L 1C3
505 Princess ST, Kingston, ON K7L 1C3
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$199,000
Est. payment /mo
2 Baths
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UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Subdivision 22 - East Of Sir John A. Blvd

MLS Listing ID X13536288

Tax Year 2025

Property Sub-Type Sale Of Business

Property Description

Independent quick service restaurant (QSR) located in the heart of downtown Kingston on Princess Street, currently operating as Flip & Fry. This turnkey business is open for conversion into a different concept, cuisine, or franchise, making it an excellent opportunity for an owner-operator or expanding brand. The 1,382 sq ft layout features a long service counter, seating for 30, and growing sales in one of Kingston's busiest commercial districts.The restaurant has undergone a premium renovation with all new leaseholds, equipment, and major systems, including a brand-new commercial hood, ventilation, and mechanicals. Every aspect of the space has been updated to a high standard, creating a modern, fully equipped restaurant that is ready for its next operator.Lease rate of $4,336 Gross Rent including TMI with an excellent 8 + 5 + 5 year term remaining. One dedicated parking space is included for ownership. Please do not go direct or speak to staff or ownership.

Location

Province ON

County Frontenac

Area Frontenac

Zoning Business Comercial

Interior

Cooling Yes

Exterior

Parking Features Outside/Surface

Community Features Public Transit, Recreation/Community Centre

Utilities Available Available

Building

Lot Description Lot


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Lited by ROYAL LEPAGE SIGNATURE REALTY

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505 Princess ST