Randy Beck - at your Beck and call
ID#: 360860053 Status: For Sale

View all photos on one page  Print a Feature Sheet for this Listing  Request More Information about this Listing 
More Information 

RE/MAX Finest Realty, Brokerage - Kingston

Randy Beck
Sales Representative

Email Me



Payment Calculator
Price: ($)
Down Payment:
( * = Accelerated )
Down Payment:
Mortgage Payment:
Ontario Land Transfer Tax:
All calculations for informational purposes only, and should be verified.

1040 GARDINERS RD, Kingston Ontario

1040 GARDINERS RD, Kingston Ontario
Outstanding and rare opportunity in this free standing office building. Located in the prime visibility and traffic corner of Gardiners Road and O’Conner Drive, Kingston west side 2 minutes south of highway 401. The building contains 8,500 square feet of rentable space over 2 floors plus interior foyer, washrooms, and hall ways. 6 of the units are in the 1,000 sq. ft range with 4 smaller units. There is ample parking for staff and visitors. The current tenants are in the financial, insurance and management categories; on long term leases with escalation rent. Tenants pay their own metered power, heat and A/C. Leases are triple net; plus 2017 common costs are $6 per sq. ft. Fully leased this building can gross some $150,000 and achieve a cap rate of 8%. This building has been humming along fully rented by the current owner for nearly 20 years however the time has come to move on. The perfect buyer will continue as owner occupied and take one of the larger vacant units.
Type: Commercial2017 Taxes: $25,535
Lot Dimensions: 186 X 150`
Type: Office SpaceAge: 21-25
Square Footage: 5k-10k
Heating: Heat Pump
Click Here to View Additional Neighbourhood Information
View all photos on one page

1040 GARDINERS RD, Kingston Ontario

Go Back

The above information is believed to be accurate but is not warranted.
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademark DDF® is also owned by CREA and identifies CREA’s Data Distribution Facility (DDF®). The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Finest Realty Inc, Brokerage, 1329 Gardiners Road, Kingston ON, K7P 0L8
Independently Owned And Operated