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. (id:47423)
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Detailed Information
Lot
180 x 50 ft
Amenities Nearby
Marina, Public Transit
Community Features
High Traffic Area
Features
Visual exposure
Listing Contract Date
2024-05-13
Location Description
North on Beckwith S(Hwy 15) and right on Chambers
Ownership Type
Freehold
Property Type
Retail
Transaction Type
For sale
Waterfront Type
Waterfront on river
Waterfront Name
Rideau River (rivière Rideau)
Zoning Description
DW (Downtown Waterfront)
Building
Basement Type
Full
Construction Material
Concrete block, Concrete Walls
Exterior Finish
Brick Veneer, Concrete, Stucco, Shingles
Foundation Type
Poured Concrete
Stories Total
2
Size (Exterior)
7670
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
under 1/2 acre
Access Type
Road access
Amenities
Marina, Public Transit
Sewer
Municipal sewage system
Surface Water
River/Stream
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