Amazing Cash Flowing Investment Opportunity with Cap Rt over 7%! Fully Tenanted Highly visible strip mall in the heart of downtown Smiths Falls! Approx 7000sf of retail & 670sf office space w/230 ft waterfront on the Rideau River. DW zoning allows for many uses including Apartments, Office, Clinic, Grocery, Hardware, Food and more! Free street parking along front. Lots of foot traffic. Steps to Giant Tiger, Restaurants, Shops & Tourist Attractions. Near VIA Train. Development Op: Over 3000 sf of Dry, high ceiling unfinished basement with a separate entrance from the street and windows facing the river (boarded) can be perfect for a Bar/Restaurant/Club- endless possibilities! 2nd floor has potential to build apartments. (id:31697)
| MLS® Number | 40588823 |
| Property Type | Retail |
| AmenitiesNearBy | Marina, Public Transit |
| CommunityFeatures | High Traffic Area |
| Features | Visual Exposure |
| WaterFrontName | Rideau River (rivière Rideau) |
| WaterFrontType | Waterfront On River |
| BasementType | Full |
| ConstructionMaterial | Concrete Block, Concrete Walls |
| ExteriorFinish | Brick Veneer, Concrete, Stucco, Shingles |
| FoundationType | Poured Concrete |
| StoriesTotal | 2 |
| SizeExterior | 7670.0000 |
| SizeInterior | 7670 Sqft |
| UtilityWater | Municipal Water |
| AccessType | Road Access |
| Acreage | No |
| LandAmenities | Marina, Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 50 Ft |
| SizeFrontage | 180 Ft |
| SizeTotalText | Under 1/2 Acre |
| SurfaceWater | River/stream |
| ZoningDescription | Dw (downtown Waterfront) |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/26892245/1-15-chambers-street-smiths-falls
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