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$394,900
Est. payment /mo
2,042 SqFt
UPDATED:
01/04/2025 03:39 AM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,042 sqft
Price per Sqft $193
MLS Listing ID X11906786
Annual Tax Amount $4,600
Tax Year 2024
Property Description
High street and walking traffic area of Downtown Smiths Falls, withing an easy commute to Ottawa, Brockville, Kingston, Kemptville and Carleton Place. This building opportunity offers a prime ground level retail area with basement storage, double front window displays, some existing shelving negotiable, air handler air conditioning plus efficient hot water radiator heating. There is a 100 amp service for the main level plus a 60 amp for an upper level. A longtime respected shoe sales business has enjoyed many years of successful sales, much due to its strategic location. No rental income reported for the lower retail portion as the business is now closed and main level is vacant. This has potential if looking for a revenue only opportunity or a prime location for your new venture. The upper level offers 2 bedrooms, kitchen, bathroom, living room and summer room. Very good tenant has been there many years. Pays $500 plus hydro (higher rent potential). Elderly tenant may be considering relocating if she finds suitable housing (no stairs). Street beautification and a Downtown Business Association do well to promote and draw in potential clientele here. Smiths Falls is a rapidly growing beltline community with continued residential growth and need for added services. This location may be where your new business could thrive. Note photos taken prior to Seller closing and vacating the retail area. Property is being sold as is. Parking is either street parking or town parking lot. Due to tenant, a minimum of 24 hr notice required please.
Location
Province ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Region 901 - Smiths Falls
City Region 901 - Smiths Falls
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Depth 59.0
Others
Security Features No
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Listed by RE/MAX AFFILIATES REALTY LTD.