18 MARKET STREET N, Smiths Falls
BUILDING FOR SALE (NOT THE BUSINESS) Excellent Mixed-Use (fully rented) Investment Opportunity in the Heart of Smiths Falls. Welcome to a solid, income-generating mixed-use commercial building ideally located in the heart of Smiths Falls. This well-positioned property offers a diverse tenant mix with one commercial unit and four residential apartments, making it an excellent opportunity for investors seeking stable cash flow and future upside.The ground-floor commercial unit is approximately 1,000 sq. ft. and is currently rented at $785/month, offering strong street presence and visibility. The residential component includes four units: a ground-floor bachelor apartment renting for $540/month, a one-bedroom unit on the second floor renting for $895/month, and two spacious two-bedroom units on the second floor, each renting for $895/month. All rents are currently inclusive, providing ease of management. However, the building is equipped with five separate hydro meters, allowing a future owner the opportunity to transition utilities to tenant responsibility for improved operating efficiency and increased net income. The property features a combination of gas forced-air heating and electric baseboard heating, offering flexibility and redundancy. With its central location close to shops, services, and amenities, this property is well-positioned for long-term tenant demand. Whether you're looking to expand your investment portfolio or secure a mixed-use asset in a growing community, this Smiths Falls property offers strong income, flexibility, and upside potential. (id:25961)
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Details
- Parking Spaces: 2
- Transaction: For sale
- Zoning Description: Commercial/Residential
Building
- Cooling: None
- Fireplace Present: False
- Heating: Forced air, Baseboard heaters
- Heating Fuel: Natural gas
- Size Exterior: 2200 sqft
- Size Interior: 2200 sqft
- Utility Water: Municipal water
Land
- Size Depth: 60 ft ,8 in
- Size Frontage: 39 ft ,7 in
- Size Irregular: Bldg=39.65 x 60.7 FT
This property for sale is located at 18 MARKET STREET N in Smiths Falls. It was last modified on April 24th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Smiths Falls properties for sale.
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