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Jacqueline Tai
Engel & Völkers Toronto Central, Brokerage
jacqueline.tai@engelvoelkers.com +1(416) 219-6066$ 850,000
Est. payment /mo
Active
12 Dundas ST E Greater Napanee, ON K7R 1H6
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Subdivision 58 - Greater Napanee
MLS Listing ID X12980042
Annual Tax Amount $4,009
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
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.
Location
Province ON
County Lennox & Addington
Area Lennox & Addington
Zoning C3
Interior
Cooling No
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Lot
Lited by EXP REALTY