$799,900
Merrickville-Wolford
629 St Lawrence Street, Merrickville-Wolford, Ontario, K0G1N0
This retail property in Merrickville-Wolford is for sale offering roughly 4,841 sq ft of space.
Rare opportunity to acquire an approx. 4,800 sq. ft. commercial/residential building in the highly desirable and historic Village of Merrickville, known for its vibrant tourism, charming boutiques and thriving local businesses. This exceptionally versatile property offers flexible "Core Area" zoning that permits a wide range of commercial uses as well as residential, making it ideal for investors, business owners, or those seeking a mixed-use income-producing asset. Currently configured for commercial tenancy, the building can easily be adapted into a combination of ground-floor commercial space with residential apartments or short-term rental units on the second level, offering tremendous potential for future redevelopment or expansion. The property is presently divided into six separate units but can be reconfigured to create additional suites or individual office rentals to maximize revenue. Inside, the main floor features a high-visibility street-front unit presently occupied, showcasing tall ceilings, large windows, and excellent foot traffic exposure. A hair salon, flex space, and a spacious warehouse unit complete the main floor. The second floor is arranged into two oversized units: the front unit is designed for office use with expansive windows, several private offices, and a generous meeting or boardroom complete with a kitchenette, while the rear unit functions as a spa/clinic with five dedicated treatment rooms (each equipped with plumbing for sinks), a full bathroom, a wet bar/kitchenette with laundry, and a large reception area. With strong curb appeal, ample on-site parking, and excellent visibility along one of Merrickville's most charming streets, this property offers limitless potential for commercial enterprises, residential rentals, or a combination of both. Walking distance to restaurants, shops, the Rideau Canal, and all the amenities the village is celebrated for, this is truly an exceptional opportunity. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 206 days on market, against an average age of 72 days across the listings currently for sale in this city
This retail in Merrickville-Wolford is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $799,900, about 8.5× the local median household income of $94,000.
Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 66% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0G)
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