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$899,000
Status: For Sale
Amazing Cash Flowing Investment Opportunity with Cap Rt over 7%! Fully Tenanted Highly visible strip mall in the heart of downtown Smiths Falls! Approx 7000sf of retail & 670sf office space w/230 ft waterfront on the Rideau River. DW zoning allows for many uses including Apartments, Office, Clinic, Grocery, Hardware, Food and more! Free street parking along front. Lots of foot traffic. Steps to Giant Tiger, Restaurants, Shops & Tourist Attractions. Near VIA Train. Development Op: Over 3000 sf of Dry, high ceiling unfinished basement with a separate entrance from the street and windows facing the river (boarded) can be perfect for a Bar/Restaurant/Club- endless possibilities! 2nd floor has potential to build apartments.
Property Type | :Commercial Sale |
MLS Number | :40588823 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :29 May, 2024 (113 Days ago) |
Source | :Barrie |
Area | :Lanark |
City | :Smiths Falls |
Area Major | :Smiths Falls |
Area Minor | :Smiths Falls |
Postal Code | : K7A 2Y2 |
Directions | :North on Beckwith S(Hwy 15) and right on Chambers |
Price | : $899,000 |
Property Taxes | :$10301 |
Tax Year | :2024 |
Bedrooms | :0 + |
Place of Worship | :No |
Cross Street | :B E C K W I T H ( H W Y 1 5 ) |
Approx Square Footage | :7670 sqft |
Basement | :Full |
29 May, 2024
TREB #40588823
Listed
$899000