Well maintained mixed Commercial/Retail and Residential opportunity in the heart of Smiths Falls core. This courtyard environment offers a unique access to 5 retail units, 1 upper residential apartment plus a large vacant upper unit that could be used as residential with some work or as is as a large office and board room. Well established tenants with complimenting businesses. Tenants paying own utilities. Good annual return and solid investment here. Seller wishes to be respectful to the good tenants. Showings preferred after 5:00 weekdays or Sundays (as most are closed then). TPO roofing replaced in (2017), Shingles (2021), Electrical service updated to 400 amp (2021), new water and sewer line to building 2017, café refurbished (2016), Upper apartment renovated (2024) plus many small items addressed. Seller's have been very attentive and appreciated by tenants. Low turnover as results. Unit A 800 sqft retail, Unit B 530 sq ft upper apartment, Unit C 250 sqft retail. Unit D 700 sqft retail, Unit E 1000 sqft café, Unit F 1000 sqft retail, Unit G 1600 sqft upper vacant unit. (offers additional space to rent out or possibly an owner-occupied residence). There are 3 off-street parking stalls plus on-street parking. A solid investment opportunity. (id:67947)
| MLS® Number | X13790752 |
| Property Type | Retail |
| Community Name | 901 - Smiths Falls |
| Features | Irregular Lot Size |
| Parking Space Total | 3 |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 7562 Sqft |
| Size Interior | 7,562 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 120 Ft ,1 In |
| Size Frontage | 58 Ft ,11 In |
| Size Irregular | Bldg=58.96 X 120.1 Ft |
| Size Total Text | Bldg=58.96 X 120.1 Ft |
| Zoning Description | Retail And Res C1 |
https://www.realtor.ca/real-estate/30286309/7-russell-street-w-smiths-falls-901-smiths-falls
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Nicolas SigounisREALTOR® · EXIT Realty Matrix, BrokerageBook a private showing or ask anything about this home. Nicolas will get back to you quickly.
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