Prime Two-Storey Commercial Building in Downtown Kingston

Introducing a remarkable two-storey commercial building strategically located at the bustling intersection of Beeson Street and James Street in the heart of downtown Kingston. This property boasts a diverse mix of tenants, including a vibrant restaurant, a charming retail shop, and several residential units situated on the upper floor. Additionally, the property features a detached two-bedroom bungalow, providing further versatility and income potential.

This exceptional property is not only a thriving hub of activity but is also eligible for the Urban Renewal Program, which offers enticing tax relief options for refurbishment or rehabilitation. Owners can benefit from Tax-Free Rental Income and exemptions from Transfer Tax and Stamp Duties upon completion of renovations, making this an attractive investment opportunity.

With the proposed new Government Center set to be constructed at Heroes Circle, there has been a noticeable increase in demand for properties in the vicinity, enhancing the value and appeal of this location. Furthermore, Kingston Technical High School is conveniently located at the corner of Beeson Street, adding to the area’s vibrancy and accessibility.

The property is situated on a level corner site, ensuring excellent visibility and foot traffic, while also being surrounded by a mix of commercial and residential properties. This unique combination makes it an ideal spot for businesses looking to thrive in a dynamic environment.