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:66096)
Property Details
MLS®
X13652512
Property Type
Retail
Zoning
Downtown Core
Parking
6
Interior Size
10,000 ft²
Lot Size
59 × 120 ft (7,056 sq ft)
Frontage
58 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Garage
Other
Property Tax
$10,210/yr
Listed
89 days ago
Features
Lot Features
Irregular lot size
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
89d
Smiths Falls listings, avg age
80d
Price / ft²
$100
List price
$1000K
Long Listed: 89 days on market, against an average age of 80 days across the listings currently for sale in this city
Market timing · days on market0 → 80d avg age of current listings
Long Listed · day 89
Haho
This retail in Smiths Falls 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
Nearby Places
Area context
Neighbourhood profile (K7A)
This home lists at $999,888, about 13.4× the local median household income of $74,500.
Carrying it typically needs a household income of about $195,313 (20% down, 25-yr amortization, stress-tested) — roughly 162% above the area median.
Median household income
$74,500
Population
17,575
Median age
46.8
Owner / renter
72% / 28%
Avg. household size
2.3
Source: Statistics Canada, 2021 Census (FSA K7A)
$999,888· $100/ft²
For sale
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