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469 Palace Road
58 - Greater Napanee Lennox & Addington K7R 1A5

$2,789,000 /For Sale
Commercial

Main Photo: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 1: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 2: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 3: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 4: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 5: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 6: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 7: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 8: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 9: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 10: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 11: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 12: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 13: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 14: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 15: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 16: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 17: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 18: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 19: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 20: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 21: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Photo 22: 469 Palace Road in Lennox & Addington: 58 - Greater Napanee Commercial for sale (Greater Napanee)  : MLS®# X12129269
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12129269
Bus Major:
Apts - 6 To 12 Units
Fully tenanted 12-unit apartment seniors building located along the Napanee River, just a short walk to downtown Napanee, Napanee Falls, and the waterfront trail. The property features all 2-bedroom units(all similar to the 12 units), with 7 of them updated. Recent upgrades include a steel roof (2016), hardwired fire alarm system (2019), vinyl windows throughout, steel balcony doors with storm doors, exterior LED lighting, and gas water heater. Situated on a spacious lot, the property offers outdoor space for tenants and direct access to the scenic Napanee River. Rental Income Annual of $167489.44!!!!
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
56628 sq. ft. Acres
Total Area:
1.3 acre(s)
Depth:
120'
Frontage:
174'11"
Water supply:
Municipal
Zoning:
R6-3
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
Possession Details:
90
HST Applicable To Sale Price:
Included In
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$18,828 / 2024
Assessment:
$- / 2024
Greater Napanee
58 - Greater Napanee
Lennox & Addington
12-FRIDGES, 12-STOVES, 7-BUILT-IN MICROWAVES, 2 EACH-COIN OPERATED WASHERS AND DRYERS, WATER HEATER (rented), Other
Utilities:
Yes
Energy Certification:
No
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
May 07, 2025
Original Price:
Previous Price:
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Listed by KELLER WILLIAMS ENERGY REAL ESTATE, BROKERAGE
Data was last updated May 23, 2025 at 04:15 PM (UTC)
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