48 Dundas Street
Greater Napanee, K7R 1H8
FOR SALE
$699,900
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Store W Apt/Office
CATEGORY2,675 Sq Ft
TOTAL AREAX12715974
MLSIDContact Us
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
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Property Details
Address
48 Dundas Street
Community
City
Postal Code
K7R 1H8
Property Type
Store W Apt/Office, Store W Apt/Office
Use
Store With Apt/Office
Zoning
C3
Lot Size
20' x 132'
Total Area
2,675 Sq Ft
Office Area
1,362 Sq Ft
Retail Area
1,313 Sq Ft
Acreage
0.1 Feet
Taxes
$3,954 (2025
Heat Type
Electric Forced Air
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with Royal Lepage Proalliance Realty, Brokerage
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