636 MILL STREET
Greater Madawaska, Ontario
MLS® X13543940
$679,900
- Status
- Active
- Property type
- Retail
- MLS® number
- X13543940
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 45Listing description
Move in ready mixed-use investment in the core of Calabogie's busy four-season hub. Positioned for strong exposure and easy access, this property is well suited for investors seeking dependable income today with room to grow tomorrow. The asset includes a tenanted commercial space currently operating as the locally famous OH-EL-LA CAFE , delivering immediate cash flow.
A separate retail/office area adds flexibility to secure an additional tenant or expand existing operations, creating further revenue potential which is currently leased to TOM IRWIN ADVENTURE TOURS. The property is also equipped with a covered work or storage area and a secured 40' x 20' caged area, ideal for tenants requiring secure outdoor space for equipment, materials, or vehicles. These features broaden the appeal to contractors, service businesses, and trades, supporting strong occupancy and tenant retention.
Above the commercial component is a well-laid-out 3-bedroom, 1-bath residential unit with views over Calabogie. This space offers an additional income stream or the option for owner use, enhancing overall returns and providing operational flexibility. The mixed-use configuration helps diversify income sources and mitigate vacancy risk.
Located within one of Eastern Ontario's most active recreational corridors, the property benefits from consistent year-round demand driven by nearby Calabogie Ski Resort, Calabogie Highlands Golf Course, Calabogie motorsports, hiking trails, and lakes. This steady traffic supports both commercial activity and residential rentals. With multiple income channels, adaptable space, and a location tied to ongoing tourism and local growth, this property represents a compelling investment opportunity with both immediate yield and long-term upside.
Currently zoned Highway Commercial. Please allow 48 hours irrevocable on all offers
Property summary
- MLS® number
- X13543940
- Property type
- Retail
- Land size
- Bldg=120.26 x 143.7 FT
- Annual property taxes
- $5,948.00
- Days on market
- 52 days
Features & details
- Cooling
- Partially air conditioned
What would this home cost you?
Based on the $679,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 Valley Realty Inc., RENFREW.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.