For Sale Retail

8 Beckwith Street N

$500,000
Smiths Falls, Ontario K7A 2B1 MLS® X13500348
3 Bathrooms
3,176 sqft Interior
Bldg=28 X 57 Ft Lot size
Fully Air Conditioned Forced Air, Hot Water Radiator Heat

About this home

Turnkey mixed-use asset with a 7.6% cap rate, delivering dependable commercial and residential cash flow. Situated along Beckwith Street North in the heart of downtown Smiths Falls, this fully tenanted investment offers stable, diversified income from both retail and residential tenancies. The property comprises approximately 3,176 sq. ft. of above-grade space, including ground-floor commercial space with basement access and a well-configured three-bedroom apartment above, all within a traditional main street building supported by flexible C1 zoning. Current gross annual income is approximately $55,200, generating a net operating income of approximately $38,338. Recent capital improvements, including updates to the roof, windows, and doors, together with no reported deferred maintenance, further enhance the appeal of this well-maintained downtown holding with long-term upside in a strengthening secondary market. --- The sale of the property does not include the business. --- ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW. (id:28469)

Business

Business Type Retail and Wholesale
Business Sub Type Retail misc.

Facts & features

Property

MLS® Number
X13500348
Property Type
Retail
Community Name
901 - Smiths Falls

Building

Bathroom Total
3
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air, Hot Water Radiator Heat
Size Exterior
3176 Sqft
Size Interior
3,176 Sqft
Utility Water
Municipal Water

Land

Acreage
No
Size Depth
57 Ft
Size Frontage
28 Ft
Size Irregular
Bldg=28 X 57 Ft
Size Total Text
Bldg=28 X 57 Ft
Zoning Description
Dc - Downtown Core

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

8 Beckwith Street N, Smiths Falls, Ontario K7A 2B1  ·  Get directions