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Lanark,ON K7A 1E8
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $240
Municipality Smiths Falls
MLS Listing ID X11946453
Annual Tax Amount $10,021
Tax Year 2024
Property Description
Prime Investment Opportunity in the Heart of growing Smiths Falls! Seize this rare chance to own an almost, fully tenanted mixed-use building on a bustling street in Smiths Falls! This well-maintained property offers two commercial units, both occupied by fantastic long-term tenants, providing stable income for the landlord. Above, you'll find four updated and modern 2 bedroom apartments, 3 of which are currently tenanted at market rent, ensuring consistent cash flow. The fourth unit is vacant, offering the perfect opportunity for an investor to move in while benefiting from the income of the remaining units. Each apartment has been renovated, bright, and well-maintained, offering a clean and safe living space. With a strong rental history and prime location on a high-traffic street, this property is a turnkey investment ideal for seasoned investors or owner-occupiers looking to offset their mortgage with steady rental income. Don't miss out on this income-generating gem! Contact us today for financials and to schedule a private viewing. Commercial space may only be viewed during the retailers business hours.
Location
Province ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Region 901 - Smiths Falls
City Region 901 - Smiths Falls
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 50.0
Lot Depth 105.0