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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision 901 - Smiths Falls
MLS Listing ID X12921558
Annual Tax Amount $14,501
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Well maintained mixed Commercial/Retail and Residential opportunity in the heart of Smiths Falls core. This courtyard environment offers a unique access to 5 retail units, 1 upper residential apartment plus a large vacant upper unit that could be used as residential with some work or as is as a large office and board room. Well established tenants with complimenting businesses. Tenants paying own utilities. Good annual return and solid investment here. Seller wishes to be respectful to the good tenants. Showings preferred after 5:00 weekdays or Sundays (as most are closed then). TPO roofing replaced in (2017), Shingles (2021), Electrical service updated to 400 amp (2021), new water and sewer line to building 2017, café refurbished (2016), Upper apartment renovated (2024) plus many small items addressed. Seller's have been very attentive and appreciated by tenants. Low turnover as results. Unit A 800 sqft retail, Unit B 530 sq ft upper apartment, Unit C 250 sqft retail. Unit D 700 sqft retail, Unit E 1000 sqft café, Unit F 1000 sqft retail, Unit G 1600 sqft upper vacant unit. (offers additional space to rent out or possibly an owner-occupied residence). All measurements approx. to be confirmed by the Buyer. There are 3 off-street parking stalls plus on-street parking. A solid investment opportunity.
Location
State ON
County Lanark
Area Lanark
Zoning Retail And Res
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 58.96
Lot Depth 120.1
Others
Security Features No
ParcelsYN No
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Listed by RE/MAX AFFILIATES MARQUIS