7 RUSSELL STREET W, Smiths Falls, Ontario, K7A1N8
MLS: X12921558 | Retail
$699,900










Property Description
Well maintained mixed Commercial/Retail and Residential opportunity in the heart of Smiths Falls core. This courtyard environment offers a unique access to 5 retail units, 1 upper residential apartment plus a large vacant upper unit that could be used as residential with some work or as is as a large office and board room. Well established tenants with complimenting businesses. Tenants paying own utilities. Good annual return and solid investment here. Seller wishes to be respectful to the good tenants. Showings preferred after 5:00 weekdays or Sundays (as most are closed then). TPO roofing replaced in (2017), Shingles (2021), Electrical service updated to 400 amp (2021), new water and sewer line to building 2017, café refurbished (2016), Upper apartment renovated (2024) plus many small items addressed. Seller's have been very attentive and appreciated by tenants. Low turnover as results. Unit A 800 sqft retail, Unit B 530 sq ft upper apartment, Unit C 250 sqft retail. Unit D 700 sqft retail, Unit E 1000 sqft café, Unit F 1000 sqft retail, Unit G 1600 sqft upper vacant unit. (offers additional space to rent out or possibly an owner-occupied residence). All measurements approx. to be confirmed by the Buyer. There are 3 off-street parking stalls plus on-street parking. A solid investment opportunity. (id:64974)
Quick Facts
- Property Type: Retail
- Bedrooms: None
- Bathrooms: None
- Living Area: 7,562 sq ft (702.5 m²)
- Parking: 3.0 spaces
- Frontage: 58 ft (17.7 m)
Costs
- Annual Taxes: $14,501.00
Listing Provided by: RE/MAX AFFILIATES MARQUIS
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Partially air conditioned
Exterior & Construction
- Water: Municipal water
Lot & Land
- Frontage: 58 ft (17.7 m)
- Features: Irregular lot size
- Zoning: Retail And Res
Community & Neighbourhood
- Neighbourhood: 901 - Smiths Falls
Listing Information
Listing History
MLS listing activity for 7 RUSSELL STREET W, Smiths Falls, Ontario, K7A1N8 — dates reflect when changes were recorded in the DDF
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Mortgage & Cost Calculators
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7 RUSSELL STREET W, Smiths Falls, Ontario, K7A1N8
