$269,000
Smooth Rock Falls
229 Fifth Street, Smooth Rock Falls (SRF), Ontario, P0L2B0
This retail property in Smooth Rock Falls is for sale offering roughly 11,325 sq ft of space. It has been on the market 22 days, fresher than the Smooth Rock Falls average of 91 days.
An Incredible Opportunity for Business and Living Awaits You! Discover the perfect blend of convenience and opportunity with this expansive commercial property in the heart of Smooth Rock Falls. This versatile building offers over 11,000 square feet of space and includes a top-level apartment, giving you the chance to operate your business while enjoying the comfort of living on-site. Imagine the efficiency and convenience of having your business and home separated by just a door, allowing you to easily balance work and private life. The possibilities are endless with the building's extensive amenities, including a 4-lane bowling alley, a party arcade room, a bar area, a spacious conference room, a kitchen, a game room, and public washrooms, all complemented by ample storage areas. You can run your business on the main level while renting out the basement to other businesses, creating multiple streams of income. Currently, a portion of the property is leased to a tenant using it as a sewing room for arts and crafts, providing an additional source of revenue. Whether you plan to expand the living space, launch a new venture, or lease unused areas for additional income, this property offers unmatched flexibility. The building is wheelchair accessible, and while the elevator to the basement is currently not operational, it presents future potential for improved accessibility. If you've been waiting to bring your business dreams to life while enjoying the comfort of living right on the premises, this is your chance! Embrace the versatility, seize the opportunity, and explore all that this exceptional commercial property has to offer. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 22 days on market, against an average age of 91 days across the listings currently for sale in this city
This retail in Smooth Rock Falls (SRF) has been listed for 22 days, which is 69 days fresher than the city average of 91. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $269,000, about 3.5× the local median household income of $77,500.
Carrying it typically needs a household income of about $52,545 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0L)
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