Back on market due to buyer financing. This landmark property is available for the first time in 35 years! Nestled in the heart of Smiths Falls, this charming brick building offers a prime downtown location amidst the bustling shops of Russell Street and is a cornerstone of this eclectic community. Surrounded by boutique shops, eateries, a live music venue, spa, barbershop and trendy hair salons, this property is anchored by a renowned, long-standing store that has become a local institution and a must-visit destination for residents and visitors alike. Two renovated apartments on the second floor consisting of a 1 bed/1bath unit & a 2 bed/1bath unit. Enjoy two parking spaces at rear of building. With a 6% cap rate, this is a lucrative opportunity for an investor seeking a reliable income stream or an entrepreneur eager to make your mark. Join the dynamic mix of businesses that make this street a hub of activity and commerce. Don't miss this rare chance to own a piece of local history! (id:47153)
| MLS® Number | 1396180 |
| Property Type | Retail |
| Neigbourhood | Downtown Smiths Falls |
| Parking Space Total | 2 |
| Acreage | No |
| Size Depth | 105 Ft |
| Size Frontage | 18 Ft ,1 In |
| Size Irregular | 18.05 Ft X 105 Ft |
| Size Total Text | 18.05 Ft X 105 Ft |
| Zoning Description | C1 |
https://www.realtor.ca/real-estate/27017847/8-russell-street-e-smiths-falls-downtown-smiths-falls
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
