12 DUNDAS STREET E, Greater Napanee (Greater Napanee), Ontario, K7R1H6

Property Description

4,200+ sqft rare downtown Napanee mixed-use three-storey building positioned in the absolute core of a booming, fast-growing community with strong upside and future development potential. This prime downtown asset features the front half of the main floor leased to a successful and established Italian food business, while the rear offers two renovated bachelor units. The second floor includes a massive executive-style one-bedroom apartment, and the third floor is unfinished and ready to be converted into 2+ additional residential units for maximum value add. The property sits on an oversized downtown lot with an exceptional amount of parking and dual frontage on both Dundas St E and Mills St E, providing unmatched access and long-term flexibility for redevelopment or intensification-something almost unheard of in a core downtown setting. This is a rare opportunity to acquire an income-producing asset with significant upside through expansion, repositioning, or long-term hold in one of the area's most active growth corridors. (id:64974)

Quick Facts

• Property Type: Residential Commercial Mix
• Bedrooms: None
• Bathrooms: None
• Living Area: 4,207 sq ft (390.8 m²)
• Frontage: 32 ft (9.8 m)

Costs

• Annual Taxes: $4,009.80

Listing Provided by: EXP REALTY
Board: Central Lakes Association of REALTORS®
Data provided via CREA DDF®.