For Sale Retail

40 Main Street E

$999,888 Est. $4,427/mo ↓

Smiths Falls, Ontario K7A 1A4

10,000 sqft Interior
6 Parking spaces
58.9 X 119.8 Ft Lot size
3 days ago Listed
Fully Air Conditioned Forced Air

About this home

Prime Mixed-Use Commercial Opportunity in the Heart of Smiths Falls! This high-visibility downtown property offers exceptional exposure, ample on-site parking, and outstanding accessibility. With approximately 7,500 sq. ft. of retail/commercial space plus an additional 2,500 sq. ft., many possibilities for investors, owner-operators, or developers. A wide range of potential permitted commercial uses provides excellent flexibility for future growth. The current owner is offering a rare flexible possession date of up to two years, making this an ideal opportunity for buyers planning a future move or investment. Flexible purchase options are also available, including Vendor Take-Back (VTB) financing, a leaseback arrangement, or negotiation for the existing business. Operational features include a two-bay loading area with access from the adjacent side street, making shipping and receiving efficient. Above the commercial space are income-generating apartments with a separate entrance, providing valuable additional revenue. Positioned on a wide, prominent street in the heart of Smiths Falls, this versatile property offers outstanding potential for investment, expansion, or redevelopment. An exceptional opportunity to own a landmark commercial property with multiple income streams and flexible purchase options. (id:28469)

Facts & features

Property

MLS® Number
X13652512
Property Type
Retail
Community Name
901 - Smiths Falls
Farm Type
Other
Features
Irregular Lot Size
Parking Space Total
6

Building

Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Interior
10,000 Sqft
Utility Water
Municipal Water

Parking

Other

Land

Acreage
No
Size Depth
119 Ft ,9 In
Size Frontage
58 Ft ,10 In
Size Irregular
58.9 X 119.8 Ft
Size Total Text
58.9 X 119.8 Ft
Zoning Description
Downtown Core

The Smiths Falls market

85 Active listings
$439,900 Median asking price
127% above median This home
33 days Avg. time on market
Browse all Smiths Falls 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
$4,427/mo
Ontario land transfer tax
$16,473 one-time

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

Location

40 Main Street E, Smiths Falls, Ontario K7A 1A4  ·  Get directions

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