126 Wellington St - Churches FOR SALE


Kingston, ON K7L 3C8
$3,995,000 CAD
416-840-3444
126 Wellington St, Kingston, ON for Sale
$3,995,000 CAD
Churches - FOR SALE
1/12
null | Request Cap Rate

126 Wellington St
Kingston, ON K7L 3C8


HIGHLIGHTS

  • CURRENTLY LEASED FOR DAYCARE USE WITH AN ANNUAL NET RENT OF $84,000
  • Located in Downtown Kingston, across the street from the main public library
  • The current owners have engaged an architect to explore residential redevelopment opportunities

OVERVIEW

Located in the heart of Downtown Kingston, this historic former church building at 126 Wellington Street presents a rare and versatile investment opportunity. Currently used as a daycare, the property’s impressive 40-foot ceilings and stunning architecture offer immense potential for a variety of uses, including offices, schools, financial institutions, theatres, clubs, retail stores, recreational facilities, or residential redevelopment. Its prime location, across from the main public library, adjacent to the post office, and just a short walk to Kingston’s central shopping district, city hall, and Lake Ontario, adds further appeal. The current owners have engaged an architect to explore residential redevelopment opportunities, and a pre-zoning application has already been submitted and well received with positive feedback from the City.

FOR SALE DETAILS

PRICE

$3,995,000 CAD

PRICE/SF

$346 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1863

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

C1-3

APN/PARCEL ID

101101012010600

ASK ABOUT THIS PROPERTY

Zev GitalisGitalis Real EstateMore Info
416-840-3444

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Zev GitalisGitalis Real EstateMore Info
416-840-3444

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