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188-192 RAGLAN Street S, Renfrew, ON K7V 1R1

Renfrew, ON, K7V 1R1 · 540 - Renfrew

Sq Ft
4 Parking
Commercial Retail Type
X12824608 MLS#

About this property

**Interior photos to come soon - email me to be notified** Want to open a Cafe or Men's clothing store OR be an investor? AN OWNER-OCCUPIER'S DELIGHT or INVESTORS CASH COW in the growing town of Renfrew. Only 45 min from Ottawa, this Exceptional mixed-use investment opportunity with immediate cash flow and significant value-add potential. All Roofs replaced 2024 plus updates equal $100,000 over last 2 years. Featuring one leased long-term tenant retail storefront ($2500+hydro), another vacant 1000 sqft storefront retail, PLUS a 2,500+ sq. ft. second-floor office space (currently vacant). Potential Income & Expenses: Gross Income: $84,000/year ($2,000/month for office x 2 retail units at $2500/month) Expenses: Approx. $17,804/year (projected to decrease) Potential NOI: $62,196/year. The upper-level approx 2,000 sq. ft. office presents major upside. Add value and resell, or hold for strong long-term cash flow. Priced at just over $100 per sq. ft., this is a rare opportunity to acquire a cash-flowing asset with substantial upside. AN ADDED BONUS: owner-occupiers can operate their business upstairs while off-setting costs with income from the leased retail units - potentially running at low to no overhead. Cash flow today. Increase value tomorrow. 24 hours' notice required for showings to see whole building. Book your viewing today. PUBLIC PARKING IN FRONT.

Features & Amenities

  • Garage: None
  • Cooling: No
  • Heat Type: Gas Hot Water

Property Details

Property Type Commercial
Property Sub-Type Commercial Retail
Garage None
Parking Spaces 4
Heat Type Gas Hot Water
Cooling No
Annual Tax $9,780
Tax Year 2025

Building & Construction

Building Area Total
5000

Heating & Cooling

Heat Type
Gas Hot Water
Cooling
No

Parking & Garage

Garage Type
None
Parking Spaces
4

Lot & Land

Lot Size Units
Feet
Lot Depth
119.58
Lot Width
51.41
Lot Irregularities
1
Frontage Length
15.67

Financial & Tax

Tax Annual Amount
$9,780
Tax Year
2025
Possession Type
Flexible
Possession Details
flexible

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Partial
County Or Parish
Renfrew
Cross Street
From Highway 417 West, turn left onto Gillan Road, Turn left onto ON-60W, Destination will be on the right
Directions
Hwy 17 WEST to O'Brien Rd continue striaght to Veterans's Memorial BLVD contnue to Raglan St S
Showing Requirements
Lockbox

Location

188-192 RAGLAN Street S, Renfrew, ON K7V 1R1, Renfrew, ON, K7V 1R1

Listing courtesy of RE/MAX HALLMARK REALTY GROUP
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