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48 Dundas ST E Greater Napanee, ON K7R 1H8
4 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Subdivision 58 - Greater Napanee
MLS Listing ID X12715974
Annual Tax Amount $3,954
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
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: $55,647/year. Income Upside: $61,047/year with 900 sq. ft. storage leased. NOI: $42,193 (or $47,593 with storage leased). 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
Location
Province ON
County Lennox & Addington
Area Lennox & Addington
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 20.0
Lot Depth 132.0
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE