1-15 Chambers St, Smiths Falls MLS Number: X5902676

Amazing Location! 100% occupied with good tenants! Cap Rate 8% Cash flow from day one! Visible from 3 directions. Solid two-story Retail Strip Plaza. Located in the heart of historic Downtown Smiths Falls on the junction of Beckwith (Hwy 15) & Chambers St. Close to Giant Tiger, restaurants and shops. With 180 ft of Store Front on Chambers St. and 2 hours of free street parking, this property enjoys ample foot traffic and great exposure. 670 SF office on 2nd floor with 2 pc bath can be separated and converted to apartment. DW zoning allows many uses: Hotel, Medical, Restaurant, Grocery, Apartments (on 2nd floor) and many more! All units overlook the river. 3000+ sqft of dry undeveloped basement space with high ceilings and windows overlooking the river (boarded over) that can be perfect as a Pub, Club, or Restaurant. Potential to build 10 apartments on 2nd floor - the possibilities are endless!