Building for sale (not the business) excellent mixed-use (fully rented) investment opportunity in the heart of smiths falls. Welcome to a solid, income-generating mixed-use commercial building ideally located in the heart of smiths falls. This well-positioned property offers a diverse tenant mix with one commercial unit and four residential apartments, making it an excellent opportunity for investors seeking stable cash flow and future upside. The ground-floor commercial unit is approximately 1,000 sq. Ft. And is currently rented at $785/month, offering strong street presence and visibility. The residential component includes four units: a ground-floor bachelor apartment renting for $540/month, a one-bedroom unit on the second floor renting for $895/month, and two spacious two-bedroom units on the second floor, each renting for $895/month. All rents are currently inclusive, providing ease of management. However, the building is equipped with five separate hydro meters, allowing a future owner the opportunity to transition utilities to tenant responsibility for improved operating efficiency and increased net income. The property features a combination of gas forced-air heating and electric baseboard heating, offering flexibility and redundancy. With its central location close to shops, services, and amenities, this property is well-positioned for long-term tenant demand. Whether you're looking to expand your investment portfolio or secure a mixed-use asset in a growing community, this smiths falls property offers strong income, flexibility, and upside potential.
Listing IDX12743276
Address18 Market Street
CitySmiths Falls, Ontario
Price$475,000
StyleCommercial Retail
TypeIndustrial/Commercial
StatusFor Sale
