A strong mixed use income property in the heart of Napanee's revitalized downtown. This well maintained asset includes residential, commercial, and storage income streams, all fully leased, with additional upside through storage leasing and long term area growth driven by the Gibbards District. Mixed use income property with 2 residential units, 1 commercial unit, and 2 storage units. Current Gross Income: $67,647.00/year. Additional income includes one storage unit at $100/month and a second with for $500/month. With an NOI of $48,193 this property delivers strong returns in a growing market. Commercial Lease: Secured until August 2027. New furnace and rubber membrane roof (2020). All units fully leased. Gibbards District bringing major population and customer growth. Financials available upon request (id:47421)
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Detailed Information
Bathrooms
4
Lot
20 x 132 ft
Equipment
Water Heater
Features
Irregular lot size
Listing Contract Date
2026-01-21
Location Description
Cross Streets: Dundas Street East (#48) between East Street and John Street. ** Directions: Highway 2 turns into Dundas Street East #48.
# of Parking Spaces
2
Property Type
Retail
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
C3
Building
Appliances
Dryer, Washer
Cooling Type
Partially air conditioned
Heating Fuel
Electric
Heating Type
Forced air
Size (Exterior)
2675.16 square feet
Type
Residential Commercial Mix
Utility Water
Municipal water
Land
Total Size
0.063 acres
Size of Irregular Land
0.063
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