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133/135 John Street Greater Napanee, Ontario K7R 1R1

4 Bathroom 3950 sqft
Forced Air

$389,900

Prime investment opportunity in the heart of historic downtown Napanee! This fully tenanted, mixed-use building offers two residential units and a commercial storefront, generating a total annual rental income of $37,416. Recent upgrades include electrical panel updates (Fall 2024) and the installation of new 3 separate hydro meters. The residential units are fully rented, with one tenant paying utilities and the others enjoying all-inclusive arrangements. The commercial storefront provides excellent potential, with permitted uses available upon request. Located in the quaint Town Square, the property is surrounded by charming boutiques, restaurants, and the allure of small-town living. With annual expenses of $14,100.48 and a CAP rate of 5.98%, this is an ideal investment for those seeking steady cash flow in a prime location. Don't miss this opportunity to own a versatile property in one of Napanees most desirable areas. All Showing requests must be made 48 hrs in advance. (id:48744)

Business

BusinessType Retail and Wholesale
BusinessSubType Retail misc.

Property Details

MLS® Number X11942177
Property Type Retail
Community Name Greater Napanee
ParkingSpaceTotal 8

Building

BathroomTotal 4
Appliances Refrigerator, Two Stoves
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 3950 Sqft
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 168 Ft ,11 In
SizeFrontage 32 Ft ,7 In
SizeIrregular 32.61 X 168.94 Ft
SizeTotalText 32.61 X 168.94 Ft
ZoningDescription C3

https://www.realtor.ca/real-estate/27845894/133135-john-street-greater-napanee-greater-napanee

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