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Jacqueline Tai
Engel & Völkers Toronto Central, Brokerage
jacqueline.tai@engelvoelkers.com +1(416) 219-6066$ 199,000
Est. payment /mo
Active
505 Princess ST Kingston, ON K7L 1C3
2 Baths
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
Lited by ROYAL LEPAGE SIGNATURE REALTY