Kimmett
Real Estate Services
eXp Realty Brokerage
McIntyre & Co Real Estate Group
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12715974
- Photos (31)
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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
- Property Type:
- Commercial
- Property Sub Type:
- Store W Apt/Office
- Freestanding:
- Yes
- Total Area:
- 2675 sq. ft. Square Feet
- Total Area:
- 2,675.16 sq. ft.
- Retail Area:
- 1313 sq. ft. Sq Ft
- Office/Apt Area:
- 1362 sq. ft. Sq Ft
- Lot Depth:
- 132'
- Lot Frontage:
- 20'
- Lot Shape:
- Irregular
- Bathrooms:
- 4.0
- Water supply:
- Municipal
- Zoning:
- C3
- Heating type:
- Electric Forced Air
- Garage:
- None
- Parking Spaces:
- 2
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- Included In
- Type Taxes:
- Annual
- Taxes:
- $3,954 / 2025
- Assessment:
- $- / -
- Lennox & Addington
- Greater Napanee
- 58 - Greater Napanee
- No
- Hot Water Heater
- Washer, Dryer, Refrigerator, Stove, All Bathroom Mirrors, All Light Fixtures, All Smoke Detectors, All Carbon Monoxide Detectors.
- All Tenant's Belongings
- Utilities:
- Yes
- Air Conditioning:
- Partial
- Seller Property Info Statement:
- No
- Financial Statements:
- No
- Net Income Before Debt:
- $55,647
- Expenses Actual/Estimated:
- Estimated
- Hydro Expenses:
- $4,000
- Insurance Expenses:
- $2,500
- Tax Expenses:
- $3,954
- Year Expenses:
- 13454
- Maintenace Expenses:
- $3,000
- Category:
- Store With Apt/Office
- Franchise:
- No
- Chattels:
- Yes
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Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Data was last updated January 21, 2026 at 01:15 PM (UTC)
- Kaylee Kimmett
- McIntyre & Co Real Estate Group
- 613-893-0242
- Contact by Email
Contact Me
Your Trusted Realtor®
Cell: 613-893-0242
kaylee@mcintyrecogroup.com
Office Location:
307 Front St, Belleville, ON K8N 2Z2
