
Greater Napanee, ON K7R 1H6
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.
TRREB MLS® Attribution
MLS® X12980042
Listed by EXP REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$4,151
/month · $680,000 mortgage
Amortization
Total Interest
$565,199
Total Cost
$1,245,199
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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EXP REALTY