$450,000
For sale: Other

Main Street building in beautiful Downtown Napanee. Downtown is nestled on the shorelines of the Napanee River, boasting character, charm, and history. Originally settled by the Loyalists in 1785. There is an abundance of businesses that make the location a great tourist attraction and a great resource for shopping/dining for locals. Enjoy a small-town quaintness with all the amenities, including highway access and rail. Located centrally within 2 hrs (GTA), 30 Minutes (Prince Edward County), and 2 hrs (Ottawa). There are a total of 2 apartments & 2 storefronts, which are all currently rented. Updates to the building include the following: Back Stairs & Decking(2019), Furnace (2019), Roof (2021), Newer Appliances (2021) in residential units, Upgraded plumbing in selected areas(2019-2021), and Upgraded electrical (2026) and hot water tank (2026). Gross income is $52,300 with a net income of $39,000. Available upon request: information regarding leases, floor plans, and a breakdown of expenses. The price does not include HST.
Sold data
Homes in Greater Napanee (Greater Napanee) took a median of 45 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 69, across 65 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 94 days.
The median sale price was $499,900.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 65 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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