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Informations principales sur l'investissement

  • Turn-key mixed-use triplex in prime downtown Smiths Falls location with a Walk Score of 90.
  • Two bright 2-bedroom, 1-bath residential units with updated interiors, in-suite laundry, and modern appliances, one currently vacant.
  • 1,350 sq. ft. high-visibility retail space on the ground floor with contemporary finishes, large display windows, and excellent signage opportunities.
  • Strong income potential with projected Year-1 NOI of $49,252 and a solid 8.21% cap rate at the $599,999 listing price.

Résumé analytique

Offered at $599,999, this turn-key mixed-use triplex enjoys a prime downtown location in the vibrant heart of Smiths Falls (Walk Score 90), just one property from the corner and perfectly positioned for strong returns once fully leased. The property features a high-visibility 1,350 sq ft ground-floor retail space with contemporary finishes, large street-front display windows and excellent signage opportunities, projected to lease at $15 psf net ($1,675/month) on a true triple-net basis plus $8,614 in annual recoverable operating costs returned to the landlord, with hydro, gas and water separately metered or submetered to the tenant. The second floor offers two bright and spacious 2-bedroom, 1-bath apartments, each with its own private street-level entrance, brand-new flooring, contemporary LED lighting, fresh neutral paint, updated 3-piece bathrooms and brand-new in-suite washer and dryer; one unit includes brand-new kitchen appliances (oven, dishwasher and refrigerator), while the second offers clean, like-new appliances in excellent condition. Currently, the retail space and one residential unit are vacant and ready for tenancy, with the vacant apartment expected to command $1,830/month plus hydro and submetered water. There is no parking on site, but abundant free street parking is available directly out front. Pro-forma gross revenue (after a conservative 5% vacancy allowance) is projected at $65,952 annually, generating a Year-1 net operating income of $49,252 once stabilized and delivering a solid entry cap rate of 8.21% at the $599,999 list price. Located mere steps from cafés, restaurants, shops, the Rideau Canal and all downtown amenities, this low-maintenance, high-demand asset offers meaningful upside and long-term appreciation in one of Eastern Ontario's most charming and rapidly revitalizing towns

Informations sur l’immeuble

Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Commerce pied immeuble
Surface de l’immeuble
209 m²
Classe d’immeuble
C
Année de construction
1900
Prix
360 614 €
Prix par m²
1 725,93 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,72
Surface du lot
0,01 ha
Stationnement
23 places (110,08 places par 1 000 m² loué)
Façade
12 m sur Market St N

Caractéristiques

  • Signalisation
  • Intersection avec signalisation

Disponibilité de l’espace

  • Espace
  • Surface
  • Type de bien
  • Poste
  • Disponible
  • 32
  • 125 m²
  • Bureaux/Local commercial
  • Contigu et aligné
  • 30 jours

Discover a fully renovated, move-in-ready 1,350-square-foot retail and professional office space in the absolute heart of downtown Smiths Falls, Ontario, offering outstanding street-front exposure with large display windows that flood the interior with natural light and provide excellent signage opportunities. Recently updated with contemporary finishes throughout, including new flooring, modern LED lighting, a refreshed washroom, fresh paint, electric heating and cooling, this bright space, truly turn-key, allowing the next tenant to install fixtures and open for business almost immediately. The highly attractive first-year base rent is only $15.00 net per square foot ($1,687.50 per month plus HST), with building operating costs (property taxes, insurance, maintenance, and management) and utilities separately paid by the tenant; while there is no on-site parking, free on-street parking is available directly in front. Perfectly suited for retail boutiques, professional services such as law, accounting, real estate or financial planning, medical and wellness clinics, quick-service food or cafés (subject to zoning), galleries, studios, or general office use, this vibrant location has a walk-score of 90, with successful shops, restaurants, banks, and municipal offices within immediate walking distance. Easy access to Highways 15 and 43 and less than an hour from Ottawa, 45 minutes from Kingston, and 30 minutes from Brockville. Secure this rare, high-visibility, turn-key space at an exceptional introductory rate in one of Eastern Ontario's most revitalized and growing downtown core

Espace Surface Type de bien Poste Disponible
32 125 m² Bureaux/Local commercial Contigu et aligné 30 jours

32

Surface
125 m²
Type de bien
Bureaux/Local commercial
Poste
Contigu et aligné
Disponible
30 jours

32

Surface 125 m²
Type de bien Bureaux/Local commercial
Poste Contigu et aligné
Disponible 30 jours

Discover a fully renovated, move-in-ready 1,350-square-foot retail and professional office space in the absolute heart of downtown Smiths Falls, Ontario, offering outstanding street-front exposure with large display windows that flood the interior with natural light and provide excellent signage opportunities. Recently updated with contemporary finishes throughout, including new flooring, modern LED lighting, a refreshed washroom, fresh paint, electric heating and cooling, this bright space, truly turn-key, allowing the next tenant to install fixtures and open for business almost immediately. The highly attractive first-year base rent is only $15.00 net per square foot ($1,687.50 per month plus HST), with building operating costs (property taxes, insurance, maintenance, and management) and utilities separately paid by the tenant; while there is no on-site parking, free on-street parking is available directly in front. Perfectly suited for retail boutiques, professional services such as law, accounting, real estate or financial planning, medical and wellness clinics, quick-service food or cafés (subject to zoning), galleries, studios, or general office use, this vibrant location has a walk-score of 90, with successful shops, restaurants, banks, and municipal offices within immediate walking distance. Easy access to Highways 15 and 43 and less than an hour from Ottawa, 45 minutes from Kingston, and 30 minutes from Brockville. Secure this rare, high-visibility, turn-key space at an exceptional introductory rate in one of Eastern Ontario's most revitalized and growing downtown core

Exceptionally walkable
90/100
Fairly drivable
50/100
Moderately bikeable
60/100

Principaux commerces à proximité

Tim Hortons
Td Canada Trust
Royal Bank of Canada
CIBC
BMO
M&M Food Market
Independent Grocer
Scotiabank
Wild Wing
Starbucks
  • ID de l’annonce: 39656972

  • Date de mise sur le marché: 04/03/2026

  • Dernière mise à jour:

  • Adresse: 28-34 Market St N, Smiths Falls, ON K7A 2E6

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