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.
| MLS # | X12980042 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 153 |
| Listing Provided By | EXP REALTY | X12980042 285449 |
| SQ Feet | 4,207 |
|---|---|
| Acreage | 0.10 |
| Cooling | No |
|---|
| Security Features | No |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 4009.8 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Lennox & Addington |
| City | Greater Napanee |
| Postal Code | K7R 1H6 |
| Area | 58 Greater Napanee |
| Listing VS Median (in K7R 1H6) | |
Price: $850,000 low | high Med: $426,400 sqft: 4,207 low | high Med: 2,845 $ / sqft: $202 low | high Med: $102 On site: 153 low | high Med: 77 | |
| Province | ON |
|---|---|
| Region | Lennox & Addington |
| City | Greater Napanee |
| Postal Code | K7R 1H6 |
| Area | 58 Greater Napanee |
| Listing VS Median (in K7R 1H6) | |
Price: $850,000 low | high Med: $426,400 sqft: 4,207 low | high Med: 2,845 $ / sqft: $202 low | high Med: $102 On site: 153 low | high Med: 77 | |