For Sale Retail

30 Mill Street

$1,499,000 Est. $6,637/mo ↓

Mississippi Mills, Ontario K0A 1A0

5,002 sqft Interior
Bldg=92 X 117 Ft Lot size
87 days ago Listed
None Forced Air

About this home

A rare mixed-use investment opportunity in the heart of historic downtown Almonte-one of Eastern Ontario's most resilient and sought-after small-town markets. This well-established property offers diversified income potential with a proven commercial track record and flexible residential upside. The commercial component features two long-standing tenants that anchor the property with stability and visibility. A locally trusted auto repair shop, operating successfully from this location for over 25 years, continues to serve a loyal customer base, while a retail antique store, established here for more than a decade, benefits from steady foot traffic drawn to Almonte's vibrant downtown core. Above and behind the commercial spaces are two self-contained residential units, ideal for investors seeking mixed-use cash flow. One 1-bed+den apartment and one 2-bed+den apartment provide strong rental appeal. The front apartment is currently vacant, offering immediate opportunity to secure a new tenant at market rents or to owner-occupy. Each residential unit includes a designated parking space, a valuable amenity in the downtown setting. Why invest in Almonte? Almonte is widely recognized as a high-demand, low-vacancy market driven by its historic charm, walkable downtown, and proximity to Ottawa. Often referred to as the "Friendly Town," Almonte attracts tourists, professionals, and long-term residents alike with its heritage architecture, boutique shopping, thriving arts scene, and scenic Mississippi River. Investors are drawn to Almonte for its consistent rental demand, limited commercial inventory, and strong tenant loyalty, making mixed-use properties here especially compelling. This property presents a balanced investment: established commercial income, residential rental growth potential, and a prime downtown location in a community that continues to outperform expectations. A smart addition to any investor's portfolio looking for stability today and upside tomorrow. (id:28469)

Facts & features

Property

MLS® Number
X12918526
Property Type
Retail
Community Name
911 - Almonte

Building

Appliances
Dryer, Washer
Cooling Type
None
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Exterior
5002 Sqft
Size Interior
5,002 Sqft
Type
Residential Commercial Mix
Utility Water
Municipal Water

Land

Acreage
No
Size Depth
117 Ft
Size Frontage
92 Ft
Size Irregular
Bldg=92 X 117 Ft
Size Total Text
Bldg=92 X 117 Ft
Zoning Description
Downtown Commercial - C2

The Almonte market

39 Active listings
$539,900 Median asking price
178% above median This home
36 days Avg. time on market
Browse all Almonte listings →

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$6,637/mo
Ontario land transfer tax
$26,455 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

30 Mill Street, Mississippi Mills, Ontario K0A 1A0  ·  Get directions

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