Prime Mixed-Use Commercial Opportunity in the Heart of Smiths Falls! This high-visibility downtown property offers exceptional exposure, ample on-site parking, and outstanding accessibility. With approximately 7,500 sq. ft. of retail/commercial space plus an additional 2,500 sq. ft., many possibilities for investors, owner-operators, or developers. A wide range of potential permitted commercial uses provides excellent flexibility for future growth. The current owner is offering a rare flexible possession date of up to two years, making this an ideal opportunity for buyers planning a future move or investment. Flexible purchase options are also available, including Vendor Take-Back (VTB) financing, a leaseback arrangement, or negotiation for the existing business. Operational features include a two-bay loading area with access from the adjacent side street, making shipping and receiving efficient. Above the commercial space are income-generating apartments with a separate entrance, providing valuable additional revenue. Positioned on a wide, prominent street in the heart of Smiths Falls, this versatile property offers outstanding potential for investment, expansion, or redevelopment. An exceptional opportunity to own a landmark commercial property with multiple income streams and flexible purchase options. (id:4069)
Address
40 MAIN STREET E
List Price
$999,888
Property Type
Retail
Transaction Type
Sale
Area
Ontario
Sub-Area
Smiths Falls
Floor Area
10,000 Sq. Ft.
Lot Size
58.9 x 119.8 FT Sq. Ft.
Lot Depth
119 ft ,9 in
Frontage Length
58 ft ,10 in
MLS® Number
X13652512
Listing Brokerage
INNOVATION REALTY LTD.
Postal Code
K7A1A4
Zoning
Downtown Core
Parking Places (Total)
6
Features
Irregular lot size
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
Fully air conditioned
Water Source
Municipal water
