1-15 Chambers Street Smiths Falls, Ontario K7A 2Y2
$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. (id:27910)
Property Details
| MLS® Number | 40588823 |
| Property Type | Retail |
| Amenities Near By | Marina, Public Transit |
| Community Features | High Traffic Area |
| Features | Visual Exposure |
| Water Front Name | Rideau River (rivière Rideau) |
| Water Front Type | Waterfront On River |
Building
| Basement Type | Full |
| Construction Material | Concrete Block, Concrete Walls |
| Exterior Finish | Brick Veneer, Concrete, Stucco, Shingles |
| Foundation Type | Poured Concrete |
| Stories Total | 2 |
| Size Exterior | 7670.0000 |
| Size Interior | 7670 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Marina, Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 50 Ft |
| Size Frontage | 180 Ft |
| Size Total Text | Under 1/2 Acre |
| Surface Water | River/stream |
| Zoning Description | Dw (downtown Waterfront) |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
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May 31 2024 04:17:41
Barrie & District Association of REALTORS® Inc.
Coldwell Banker The Real Estate Centre Brokerage