176-178 Railway Street FOR SALE


Kingston, ON - Greater Kingston
$2,499,000 CAD
613-384-1997
, Kingston, ON for Sale
$2,499,000 CAD
FOR SALE
1/2
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176-178 Railway Street
Kingston, ON
Greater Kingston


HIGHLIGHTS

  • Multi-unit industrial and office property offers 25,393 SF of gross leasable area on a 1.25-acre site.
  • All buildings have been fully renovated within the last ten years and the property is currently fully leased.
  • Generates annual triple net income of $157,710 with ample parking and rear yard access.
  • Features three distinct units with flexible layouts, multiple loading doors, and climate control.

OVERVIEW

This multi-unit industrial and office property presents an excellent investment or owner-occupier opportunity, offering a total of 25,393 square feet of gross leasable area on a 1.25-acre site at $98.41 per square foot. All buildings have been fully renovated within the last ten years and the property is currently fully leased, generating an annual triple net income of $157,710. The site features a rear yard and ample parking, with three distinct units: 176 Railway St. (Front Building) includes Unit 1, a 10,235-square-foot space over two levels with offices and R&D/warehouse, leased until December 1, 2025, and Unit 2, a 5,158-square-foot warehouse/workshop leased until October 31, 2025; both units offer multiple loading doors and climate control. 178 Railway St. (Rear Building) is a 10,000-square-foot warehouse with 16+ foot clear height, drive-in and dock-level loading doors, leased until November 30, 2025, with the tenant currently sub-leasing and no right to renew.

ASK ABOUT THIS PROPERTY

James WardRogers & Trainor Commercial RealtyMore Info
613-384-1997

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James WardRogers & Trainor Commercial RealtyMore Info
613-384-1997

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.