For Sale Retail

636 Mill Street

$699,000
Greater Madawaska, Ontario K0J 1H0 MLS® X12922572
Bldg=120.26 X 143.7 Ft Lot size
Partially Air Conditioned

About this home

Move in ready mixed-use investment in the core of Calabogie's busy four-season hub. Positioned for strong exposure and easy access, this property is well suited for investors seeking dependable income today with room to grow tomorrow. The asset includes a tenanted commercial space currently operating as the locally famous OH-EL-LA CAFE , delivering immediate cash flow. A separate retail/office area adds flexibility to secure an additional tenant or expand existing operations, creating further revenue potential which is currently leased to TOM IRWIN ADVENTURE TOURS. The property is also equipped with a covered work or storage area and a secured 40' x 20' caged area, ideal for tenants requiring secure outdoor space for equipment, materials, or vehicles. These features broaden the appeal to contractors, service businesses, and trades, supporting strong occupancy and tenant retention. Above the commercial component is a well-laid-out 3-bedroom, 1-bath residential unit with views over Calabogie. This space offers an additional income stream or the option for owner use, enhancing overall returns and providing operational flexibility. The mixed-use configuration helps diversify income sources and mitigate vacancy risk. Located within one of Eastern Ontario's most active recreational corridors, the property benefits from consistent year-round demand driven by nearby Calabogie Ski Resort, Calabogie Highlands Golf Course, Calabogie motorsports, hiking trails, and lakes. This steady traffic supports both commercial activity and residential rentals. With multiple income channels, adaptable space, and a location tied to ongoing tourism and local growth, this property represents a compelling investment opportunity with both immediate yield and long-term upside. Currently zoned Highway Commercial. Please allow 48 hours irrevocable on all offers (id:28469)

Facts & features

Property

MLS® Number
X12922572
Property Type
Retail
Community Name
542 - Greater Madawaska
Equipment Type
Propane Tank
Farm Type
Other
Rental Equipment Type
Propane Tank

Building

Age
31 To 50 Years
Cooling Type
Partially Air Conditioned
Utility Water
Drilled Well

Land

Acreage
No
Size Depth
143 Ft ,8 In
Size Frontage
120 Ft ,3 In
Size Irregular
Bldg=120.26 X 143.7 Ft
Size Total Text
Bldg=120.26 X 143.7 Ft
Zoning Description
Hc

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.

Location

636 Mill Street, Greater Madawaska, Ontario K0J 1H0  ·  Get directions