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: $61,647.00/year NOI: 7% 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:13843)
| MLS # | X13209878 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 167 |
| Listing Provided By | ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE | ADAM KOVEN |
| Bath(s) | 4 Total |
|---|---|
| SQ Feet | 2,675 |
| Zoning | C3 |
| Acreage | 0.06 |
| Cooling | Partially air conditioned |
|---|---|
| Heating | Forced air |
| Appliances | Washer, Dryer |
| Fireplace Yes / No | No |
| Lot Features | Irregular lot size |
|---|
| Parking Total | 2 |
|---|
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 3954 |
|---|
| Province | ON |
|---|---|
| City | Greater Napanee (Greater Napanee |
| Postal Code | K7R1H8 |
| Listing VS Median (in K7R1H8) | |
Price: $675,000 low | high Med: $675,000 sqft: 2,675 low | high Med: 2,675 $ / sqft: $252 low | high Med: $252 On site: 167 low | high Med: 167 | |
| Province | ON |
|---|---|
| City | Greater Napanee (Greater Napanee |
| Postal Code | K7R1H8 |
| Listing VS Median (in K7R1H8) | |
Price: $675,000 low | high Med: $675,000 sqft: 2,675 low | high Med: 2,675 $ / sqft: $252 low | high Med: $252 On site: 167 low | high Med: 167 | |