7 RUSSELL STREET W
Smiths Falls, Ontario
MLS® X13790752
$649,900
- Status
- Active
- Property type
- Retail
- MLS® number
- X13790752
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
Listing description
Well maintained mixed Commercial/Retail and Residential opportunity in the heart of Smiths Falls core. This courtyard environment offers a unique access to 5 retail units, 1 upper residential apartment plus a large vacant upper unit that could be used as residential with some work or as is as a large office and board room. Well established tenants with complimenting businesses.
Tenants paying own utilities. Good annual return and solid investment here. Seller wishes to be respectful to the good tenants.
Showings preferred after 5:00 weekdays or Sundays (as most are closed then). TPO roofing replaced in (2017), Shingles (2021), Electrical service updated to 400 amp (2021), new water and sewer line to building 2017, café refurbished (2016), Upper apartment renovated (2024) plus many small items addressed. Seller's have been very attentive and appreciated by tenants.
Low turnover as results. Unit A 800 sqft retail, Unit B 530 sq ft upper apartment, Unit C 250 sqft retail. Unit D 700 sqft retail, Unit E 1000 sqft café, Unit F 1000 sqft retail, Unit G 1600 sqft upper vacant unit.
(offers additional space to rent out or possibly an owner-occupied residence). All measurements approx. to be confirmed by the Buyer.
There are 3 off-street parking stalls plus on-street parking. A solid investment opportunity.
Property summary
- MLS® number
- X13790752
- Property type
- Retail
- Size
- 7,562 sq ft
- Land size
- Bldg=58.96 x 120.1 FT
- Annual property taxes
- $14,501.00
- Parking
- 3 spaces
- Days on market
- 12 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $649,900 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 RE/MAX AFFILIATES MARQUIS, Smiths Falls.
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.