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815 Princess Street Kingston, Ontario K7L 1G6

3078 sqft

$639,000

Prime Investment Opportunity! Versatile Development Potential! Unlock the potential of 815 Princess Street, one of the last remaining vacant land parcels near Kingston's bustling city centre. Conveniently positioned between Giant Tiger and Royal Bank, this high-traffic location offers two entrances, one from Princess Street and another from Drayton Street, making access seamless for future development. Strategic Location: Situated on Kingston's busiest street, walking distance to downtown, hospitals, Queen's University, and entertainment. Surrounded by retail, restaurants, and essential services. Development Possibilities: The vacant land/parking area is large enough to accommodate retail stores, restaurants, coffee shops, offices, nail and hair salons, and multi-storey residential units above the parking lot, maximizing both commercial and residential potential. Zoning Details and Permitted Uses: According to the City of Kingston By-law, this prime location allows for apartment buildings, daycare facilities, fitness centres, financial institutions, and many more permitted uses. Why Invest Now? Princess Street has been updated per City planning, enhancing the area's infrastructure and commercial viability. This property is positioned for exceptional growth, making it the perfect investment for entrepreneurs, developers, and investors looking to create a high-value property portfolio. (id:60365)

Property Details

MLS® Number X10406496
Property Type Vacant Land
Community Name 14 - Central City East

Building

SizeInterior 3078 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 100 Ft
SizeFrontage 30 Ft
SizeIrregular 30 X 100 Ft
SizeTotalText 30 X 100 Ft
ZoningDescription C4 H(t1)

https://www.realtor.ca/real-estate/27615145/815-princess-street-kingston-central-city-east-14-central-city-east

Wendy J Hay
Broker of Record


Kb Realty Inc.
556 O'connor Drive Unit #128
Kingston, Ontario K7P 1N3

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