375 CENTRE STREET N, Greater Napanee (Greater Napanee)

$5,500,000

For sale: Vacant Land

Vacant Land at 375 CENTRE STREET N, Greater Napanee (Greater Napanee)
Property type
Land
MLS®
MLS® X13205446
Neighbourhood
58 - Greater Napanee

Prime Commercial Development Opportunity - 5.062 Acres This 5.062-acre vacant land parcel, situated at the corner of Industrial Blvd and Centre St N, offers an excellent commercial redevelopment opportunity. Zoned Arterial Commercial, the property allows for a wide range of commercial uses in a well-established retail corridor. Strategically positioned in a strong commercial area, the site is directly across from Shoppers Drug Mart and LCBO, with major retailers such as Metro, NOFRILLS, and Canadian Tire serving as shadow anchors. Centre St N is a key arterial road providing seamless connectivity to HWY 401, ensuring high visibility and accessibility. This is an ideal opportunity for developers or businesses looking to establish a presence in a thriving retail hub. Land is ideal for development of plaza, drive through restaurants, gas station, hotels, motels and several other uses. Please see allowable uses in documents.

Sold data

Homes in Greater Napanee (Greater Napanee) — recent sold market

Homes in Greater Napanee (Greater Napanee) took a median of 44 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 67, across 56 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 88 days.

The median sale price was $522,400.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
44
Median sale price
$522,400
Sale-to-list ratio
97.0%
Sold above asking
13%

Based on 56 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.

Currently for sale

Homes for sale near 375 CENTRE STREET N