48 Dundas E Street, Greater Napanee (Greater Napanee), ON K7R1H8
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Listing Type
Commercial/Industrial
Listing Status
Active
31
$699,900
Home Details for 48 Dundas E Street
Price
$699,900
Type
Commercial Sale
Total Bathrooms
4
Lot size acres
0.063
Listing #
X12715974
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 (id:31684)
Property Features
Heating Information
Forced Air
Electric
Listing Courtesy: ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
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