For Sale Retail

629 St Lawrence Street

$799,900 Est. $3,542/mo ↓

Merrickville-Wolford, Ontario K0G 1N0

4,841 sqft Interior
10 Parking spaces
72.96 X 124 Ft Lot size
89 days ago Listed
Virtual tour Fully Air Conditioned Radiant Heat, Forced Air

About this home

Rare opportunity to acquire an approx. 4,800 sq. ft. commercial/residential building in the highly desirable and historic Village of Merrickville, known for its vibrant tourism, charming boutiques and thriving local businesses. This exceptionally versatile property offers flexible "Core Area" zoning that permits a wide range of commercial uses as well as residential, making it ideal for investors, business owners, or those seeking a mixed-use income-producing asset. Currently configured for commercial tenancy, the building can easily be adapted into a combination of ground-floor commercial space with residential apartments or short-term rental units on the second level, offering tremendous potential for future redevelopment or expansion. The property is presently divided into six separate units but can be reconfigured to create additional suites or individual office rentals to maximize revenue. Inside, the main floor features a high-visibility street-front unit presently occupied, showcasing tall ceilings, large windows, and excellent foot traffic exposure. A hair salon, flex space, and a spacious warehouse unit complete the main floor. The second floor is arranged into two oversized units: the front unit is designed for office use with expansive windows, several private offices, and a generous meeting or boardroom complete with a kitchenette, while the rear unit functions as a spa/clinic with five dedicated treatment rooms (each equipped with plumbing for sinks), a full bathroom, a wet bar/kitchenette with laundry, and a large reception area. With strong curb appeal, ample on-site parking, and excellent visibility along one of Merrickville's most charming streets, this property offers limitless potential for commercial enterprises, residential rentals, or a combination of both. Walking distance to restaurants, shops, the Rideau Canal, and all the amenities the village is celebrated for, this is truly an exceptional opportunity. (id:28469)

Facts & features

Property

MLS® Number
X12995462
Property Type
Retail
Community Name
804 - Merrickville
Features
Irregular Lot Size
Parking Space Total
10

Building

Appliances
Blinds, Dishwasher, Dryer, Water Heater, Washer
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Radiant Heat, Forced Air
Size Interior
4,841 Sqft
Utility Water
Municipal Water

Land

Acreage
No
Size Depth
124 Ft
Size Frontage
72 Ft ,11 In
Size Irregular
72.96 X 124 Ft
Size Total Text
72.96 X 124 Ft
Zoning Description
Core Area (residential And Commercial)

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
$3,542/mo
Ontario land transfer tax
$12,473 one-time

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

The Merrickville market

22 Active listings
$589,450 Median asking price
36% above median This home
37 days Avg. time on market
Browse all Merrickville listings →

Location

629 St Lawrence Street, Merrickville-Wolford, Ontario K0G 1N0  ·  Get directions

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