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18 Market Street N, Smiths Falls, ON K7A 2E3

Smiths Falls, ON, K7A 2E3 · 901 - Smiths Falls

Sq Ft
2 Parking
Commercial Retail Type
X12743276 MLS#

About this property

BUILDING FOR SALE (NOT THE BUSINESS) Excellent Mixed-Use (fully rented) Investment Opportunity in the Heart of Smiths Falls. Welcome to a solid, income-generating mixed-use commercial building ideally located in the heart of Smiths Falls. This well-positioned property offers a diverse tenant mix with one commercial unit and four residential apartments, making it an excellent opportunity for investors seeking stable cash flow and future upside.The ground-floor commercial unit is approximately 1,000 sq. ft. and is currently rented at $785/month, offering strong street presence and visibility. The residential component includes four units: a ground-floor bachelor apartment renting for $540/month, a one-bedroom unit on the second floor renting for $895/month, and two spacious two-bedroom units on the second floor, each renting for $895/month. All rents are currently inclusive, providing ease of management. However, the building is equipped with five separate hydro meters, allowing a future owner the opportunity to transition utilities to tenant responsibility for improved operating efficiency and increased net income. The property features a combination of gas forced-air heating and electric baseboard heating, offering flexibility and redundancy. With its central location close to shops, services, and amenities, this property is well-positioned for long-term tenant demand. Whether you're looking to expand your investment portfolio or secure a mixed-use asset in a growing community, this Smiths Falls property offers strong income, flexibility, and upside potential.

Features & Amenities

  • Garage: None
  • Cooling: No
  • Heat Type: Gas Forced Air Open

Property Details

Property Type Commercial
Property Sub-Type Commercial Retail
Garage None
Parking Spaces 2
Heat Type Gas Forced Air Open
Cooling No
Annual Tax $7,310
Tax Year 2025

Building & Construction

Approximate Age
100+
Building Area Total
2200

Heating & Cooling

Heat Type
Gas Forced Air Open
Cooling
No

Parking & Garage

Garage Type
None
Parking Spaces
2

Lot & Land

Lot Size Units
Feet
Lot Depth
60.70
Lot Width
39.65

Financial & Tax

Tax Annual Amount
$7,310
Tax Year
2025
Possession Type
Immediate
Possession Details
Immediate

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Lanark
Cross Street
Corner of Market Street North and William Street East
Directions
Right on the corner of Market Street North and Willam Street East downtown Smiths Falls
Showing Requirements
Showing System
Listing courtesy of CENTURY 21 SYNERGY REALTY INC
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