133/135 John Street, Greater Napanee | Image 1

133/135 John Street

Greater Napanee, Greater Napanee

  • Commercial

$389,900
For Sale

Added 3 days ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: C3

  • Age: 100+ years

  • Taxes: 4843.94

  • MLS®#: X11942177

  • Days on Site: 3 Days

  • Added: Jan 27, 2025 (3 days ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX HALLMARK FIRST GROUP REALTY LTD. , BROKERAGE

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.

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 100+

  • Area: Greater Napanee

  • Community: Greater Napanee

  • Availability Date: Flexible

  • Assessment Amount: $206,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 4

  • Air Conditioning: N

  • Washrooms: 4

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: Other

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2024

  • Taxes: $4,844

  • Expenses: Act

  • Insurance Fee: 2982

  • Hydro Expense: 4576

  • Taxes Type: Annual

  • Taxes: 4844

  • Water Fees: 1699

Land

  • Cross Street: Dundas St W, South o

  • Municipality District: Greater Napanee

  • Parcel Number: 450920070

  • Sewer: Sanitary

  • Lot Depth: 168.94 Feet

  • Lot Frontage: 32.61 Feet

  • Zoning: C3

Commercial Specific

  • Rail: N

  • Retail Area: 40

  • Retail Area Metric: %

  • Sprinklers: N

  • Total Area: 3950

  • Total Area Metric: Sq Ft

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Financial Statement: Y

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