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
Property Summary
Property Type:Retail
Availability:For sale
Building Type:Residential Commercial Mix
Bathrooms:4
Land Size:0.063 ac
Features:Irregular lot size
Parking Spaces:2
MLS® Number:X13209878
Building Details
Interior Size:2675 sq ft
Heating Type:Forced air
Fireplace:None
Cooling:Partially air conditioned
Land Details
Frontage:20 ft
Depth:132 ft
Water:Municipal water
Zoning Description:C3
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