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!
| MLS # | X5902676 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Expired |
| Days On Site | 1236 |
| Listing Provided By | COLDWELL BANKER THE REAL ESTATE CENTRE BROKERAGE | SHELLY BLANK |
| SQ Feet | 7,670 |
|---|---|
| Water Front | No |
| Province | ON |
|---|---|
| County | Smiths Falls |
| City | Smiths Falls |
| Postal Code | K7A 2Y2 |
| Area | Lanark |
| Listing VS Median (in K7A 2Y2) | |
Price: $850,000 low | high Med: $799,500 sqft: 7,670 low | high Med: 7,898 $ / sqft: $111 low | high Med: $102 On site: 1236 low | high Med: 857.5 | |
| Province | ON |
|---|---|
| County | Smiths Falls |
| City | Smiths Falls |
| Postal Code | K7A 2Y2 |
| Area | Lanark |
| Listing VS Median (in K7A 2Y2) | |
Price: $850,000 low | high Med: $799,500 sqft: 7,670 low | high Med: 7,898 $ / sqft: $111 low | high Med: $102 On site: 1236 low | high Med: 857.5 | |