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 GiantTiger, Restaurants, Shops & Tourist Attractions. Near VIA Train.
Extras
Development Op: Over 3000 sf of Dry, high-ceiling 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 potential for apartments
PLAN 13884 LOT 13 CON 4 PT LOT 1 PT BED RIDEAU RIVER AND RP 27R2575 PART 1
Occupancy
Tenant
Possession Date
TBD
Taxes (2024)
$10,301
Tax Type
Annual
Directions/Cross Streets
B e c k w i t h ( H w y 1 5 ) and C h a m b e r s
Area
Lanark
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Bathrooms
4
Lot
180 x 50 ft
Lot Irregularities
Triangle: 181.14(N)x233.39(S)x134(E)
Retail Area
7,000 ft2
Office/Apt Area
670 ft2
Total Area
9,000 ft2
Air Conditioning
Y
Basement
Y
Garage Type
None
Heat Type
Gas Forced Air Closd
Area Influences
Major Highway, Rec Centre
Sprinklers
N
Utilities
Y
Water
Municipal
Clear Height
12 feet
Lot/Bldg/Unit Code
Lot
Zoning
DW- Downtown Waterfront
Seller Property Info Statement
N
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