1-15 Chambers Street
Smiths Falls, ON
MLS® 40588823
For sale $899,000
Amazing Cash Flowing Investment Opportunity with Cap Rt over 7%! Fully Tenanted Highly visible strip mall in the heart of downtown Smiths Falls! Approx 7000sf of retail & 670sf office space w/230 ft waterfront on the Rideau River. DW zoning allows for many uses including Apartments, Office, Clinic, Grocery, Hardware, Food and more! Free street parking along front. Lots of foot traffic. Steps to Giant Tiger, Restaurants, Shops & Tourist Attractions. Near VIA Train.
Development Op: Over 3000 sf of Dry, high ceiling unfinished basement with a separate entrance from the street and windows facing the river (boarded) can be perfect for a Bar/Restaurant/Club- endless possibilities! 2nd floor has potential to build apartments.
Property Details
Listing Contract Date
2024-05-13
2024-05-13
Property Type
Commercial
Commercial
Waterfront Name
Rideau River (Rivière Rideau)
Rideau River (Rivière Rideau)
Community Features
Irregular Lot
City Lot
High Traffic Area
Marina
Public Transit
Visual Exposure
Building
Basement Type
Full
Full
Building Type
Retail
Building and Land
Retail
Building and Land
Construction Materials
Block
Shingle Siding
Stucco
Block
Shingle Siding
Stucco
Sewer
Sewer (Municipal)
Sewer (Municipal)
Interior Size
7670 Square Feet
7670 Square Feet
Stories
2
2
Water Source
Municipal
Municipal
Land
Lot Depth
50 ft
50 ft
Lot Front
180.00 ft
180.00 ft
Lot Size Area
9000
9000
Acres
< 0.5 Acres
< 0.5 Acres
Zoning
DW (Downtown Waterfront)
DW (Downtown Waterfront)
HoodQ
Shelly Blank
Salesperson
705-436-5111 (Direct)
705-436-5111 (Preferred)
Coldwell Banker The Real Estate Centre Brokerage
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Last Updated: 2024-09-13 14:50:11