ON
Smiths Falls
K7A1N8
7 RUSSELL W Street
7 RUSSELL W Street, Smiths Falls, ON K7A1N8
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Listing Type
Commercial/Industrial
Listing Status
Active
9
$699,900

Home Details for 7 RUSSELL W Street

Price
$699,900
Type
Commercial Sale
Listing #
X12921558
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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
Listing Courtesy: RE/MAX AFFILIATES MARQUIS
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EXIT EXCEL REALTY, BROKERAGE
1550 Carling Ave. Suite 204, Ottawa, ON K1Z 8S8
Ralph Hewitt
License #: 4750843
Sales Representative
Office
613 822 8999
Agent
613 220 7299
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