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27-35 Princess Street Image 1

$18,500,000

May 16Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X12153617

27-35 Princess Street, Kingston, ON K7L 1A3

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Average Price
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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

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About 27-35 Princess Street

Rockwell Commercial is pleased to present the rare opportunity to acquire a fully leased Class A office/retail building with on-site parking located at 27-35 Princess Street, in the heart of beautiful Downtown Kingston. This four-storey limestone heritage building offers over 69,391 square feet of prestigious office space, retail space, and amenity areas blending timeless architectural character with modern building systems. Known as The Smith Robinson Building, it stands prominently at the base of Princess Street, just steps from The Slush Puppy Place, Springer Market Square, City Hall, and the waterfront. The property is 100% occupied by a stable mix of quality tenants such as Milestones, TD Bank, Cunningham Swan LLP,HDR Architects, etc. on long-term leases, generating reliable in-place income with upside potential through future rent escalations. The building benefits from both underground and surface parking, and recent capital improvements have been made to key infrastructure, including roofing systems. This asset offers investors the opportunity to own a signature downtown Kingston property with enduring value, historical appeal, and excellent income stability. For qualified buyers, a comprehensive package of due diligence materials is available, ensuring a transparent and efficient transaction process. 27 Princess Street and 35 Princess Street are two separately deeded properties with separate PINs and Legal Descriptions. Lot dimensions and areas, parking spaces, and taxes shown here are combined amounts.

Home Overview

Last updated

May 16

Virtual tour

None

Basement information

Building size

69391

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by ROCKWELL COMMERCIAL REAL ESTATE, BROKERAGE

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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