When it comes to small plaza investments this one will be hard to beat. Dale’s Plaza is located in the centre of Napanee just south of highway 401. It is fully rented to 9 tenants over the 12 units of some 17,000 square feet and what an excellent mix of tenants they are. Retail, service, government, and private are all here book ended by national brand fast food and a specialty meat store. Customers come from far and wide for the products and services offered at 2 Dairy Street - Dale’s Plaza. Gross net income figures are solid as is the 30-year-old building in brick and steel. All mechanicals are running smoothly and tenants pay utilities. In short this is an excellent property for either an investor or owner occupied with income on the side.
MLS# | 40627831 |
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Listing Type | For Sale |
Building Name | Dale's Plaza |
Sub-Type | Resale |
Status | Active |
Days On Site | 64 |
Listing Provided By | RE/MAX Finest Realty Inc., Brokerage | Randy Beck |
SQ Feet | 20,152 |
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Story(s) | 1 |
Zoning | BP |
Acreage | 1.50 |
Province | ON |
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County | Lennox and Addington |
City | Greater Napanee |
Postal Code | K7R 3T1 |
Area | Greater Napanee |
Subarea | 58 Greater Napanee |
Community Name | 58 Greater Napanee |
Listing VS Median (in 58 Greater Napanee) | |
Price: $3,600,000 low | high Med: $630,000 SqFt: 20,152 low | high Med: 683 $ / SqFt: $179 low | high Med: $922 On Site: 64 low | high Med: 23.000000 |