$850,000
 $4,563 est/mo Sourced by Back At You

1-15 Chambers St,Smiths Falls, ON K7A 2Y2

Smiths Falls, ON K7A 2Y2

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Description

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!

Details

MLS #X5902676
Listing TypeFor Sale
Sub-TypeResale
StatusExpired
Days On Site1236
Listing Provided ByCOLDWELL BANKER THE REAL ESTATE CENTRE BROKERAGE | SHELLY BLANK

Features

SQ Feet7,670
Water FrontNo

Area Information

ProvinceON
CountySmiths Falls
CitySmiths Falls
Postal CodeK7A 2Y2
AreaLanark
Listing VS Median (in K7A 2Y2)
Price:
$850,000
low | high
Med:
$799,500
55.941176470588% of Average
sqft:
7,670
low | high
Med:
7,898
47.033898305085% of Average
$ / sqft:
$111
low | high
Med:
$102
58.408470588235% of Average
On site:
1236
low | high
Med:
857.5
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountySmiths Falls
CitySmiths Falls
Postal CodeK7A 2Y2
AreaLanark
Listing VS Median (in K7A 2Y2)
Price:
$850,000
low | high
Med:
$799,500
55.941176470588% of Average
sqft:
7,670
low | high
Med:
7,898
47.033898305085% of Average
$ / sqft:
$111
low | high
Med:
$102
58.408470588235% of Average
On site:
1236
low | high
Med:
857.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $637K - $1.62M
sqft: 5,500 - 9,500
Nearby Listings Property ImageNearby Listings Details
8 CHAMBERS Street Property Photo 1
$2,500
8 Chambers Street
Smiths Falls, ON K7A 2Y1
Listing Updated: May 13, 2024 at 10:37:59 AM PDT