For Sale Retail

4 Elgin Street W Arnprior, Ontario K7S 1N3

$849,900 MLS® X13449350
4 Bathrooms
3,334 sqft Interior
2 Parking spaces
25 X 130 Ft Lot size
Partially Air Conditioned Forced Air, Baseboard Heaters

About this home

RARE DOWNTOWN ARNPRIOR MIXED-USE INVESTMENT PROPERTY - FULLY LEASED. An exceptional opportunity to acquire a fully leased, income-producing mixed-use investment property in the heart of downtown Arnprior. Located at the highly visible corner of Elgin Street West and Daniel Street, this landmark commercial and residential building offers strong cash flow, diversified rental income, and long-term appreciation potential in one of Eastern Ontario's fastest-growing real estate markets. This prominent downtown investment property features approximately 1,997 sq/ft. of prime commercial retail space on the main floor, occupied by an established tenant. Positioned in a high-traffic location with excellent pedestrian exposure and vehicle visibility, the commercial component provides stable income and strong tenant appeal within Arnprior's thriving downtown business district. The upper level consists of a beautifully renovated 1,337 sq/ft. loft-style apartment, combining historic charm with modern amenities. This sought-after residential rental unit features exposed brick walls, large windows, abundant natural light, an open-concept layout, two spacious bedrooms plus a den or home office, in-suite laundry, and picturesque views of the Madawaska and Ottawa Rivers. With both tenants in place and paying their own utilities, the property benefits from reduced operating expenses, efficient management, and dependable monthly cash flow. Based on current income and operating costs, the building offers an estimated (cap rate) of approximately 6.0%, making it an attractive commercial real estate investment for investors seeking yield, stability, and long-term wealth creation.Opportunities to purchase a fully leased mixed-use building in downtown Arnprior are limited. This investment property combines a high-profile corner location, established tenancy, strong rental demand, renovated residential accommodations, and the enduring value of a historic downtown commercial building. (id:28469)

Facts & features

Property

MLS® Number
X13449350
Property Type
Retail
Community Name
550 - Arnprior
Amenities Near By
Highway, Recreation
Parking Space Total
2

Building

Bathroom Total
4
Cooling Type
Partially Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air, Baseboard Heaters
Size Interior
3,334 Sqft
Utility Water
Municipal Water

Land

Acreage
No
Land Amenities
Highway, Recreation
Size Depth
130 Ft
Size Frontage
25 Ft
Size Irregular
25 X 130 Ft
Size Total Text
25 X 130 Ft
Zoning Description
Mu/c

Location

4 Elgin Street W, Arnprior, Ontario K7S 1N3  ·  Get directions

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.