27-35 Princess St - Office FOR SALE


Kingston, ON K7L 1A3- Greater Kingston
$18,500,000 CAD
343-305-5299
27-35 Princess St, Kingston, ON for Sale
$18,500,000 CAD
Office - FOR SALE
1/10
null | Request Cap Rate

27-35 Princess St
Kingston, ON K7L 1A3
Greater Kingston


HIGHLIGHTS

  • Highly Walkable Core with strong transit connections.
  • Vibrant Urban Centre attracting professionals, students, and visitors.
  • Prime Downtown Location steps to waterfront, shops, and services.
  • Major Employment Hub anchored by government, healthcare, and education.
  • Proximity to Queen’s University and Kingston General Hospital and Hotel Dieu Hospital.

OVERVIEW

Rockwell Commercial is proud to offer a rare opportunity to acquire a fully leased, Class A office and retail building with on-site parking at 27-35 Princess Street, located in the vibrant core of Downtown Kingston. This four-storey limestone heritage property—known as The Smith Robinson Building—features approximately ±69,391 square feet of high-quality office, retail, and amenity space. It seamlessly combines timeless architectural charm with modern building systems and infrastructure. Prominently situated at the base of Princess Street, the building is just steps from major downtown landmarks including The Slush Puppy Place, Springer Market Square, City Hall, and Kingston’s scenic waterfront. The property is 100% leased to a strong and diverse tenant roster, including Milestones, TD Bank, Cunningham Swan LLP, and HDR Architects, under long-term agreements. These leases provide stable, in-place income with future upside through rent escalations. Key features include both underground and surface parking, as well as recent capital upgrades to major systems such as the roofing. This investment offers the chance to own a signature property in Downtown Kingston, combining enduring historical appeal with dependable income and long-term value. A complete due diligence package is available to qualified purchasers, ensuring a transparent and efficient acquisition process.

FOR SALE DETAILS

PRICE

$18,500,000 CAD

PRICE/SF

$267 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

YEAR BUILT

1841

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

DT2 - Downtown Zone 2

APN/PARCEL ID

101103009006500

ASK ABOUT THIS PROPERTY

Martin SkolnickRockwell CommercialMore Info
343-305-5299

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Martin SkolnickRockwell CommercialMore Info
343-305-5299

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