Outstanding fully occupied opportunity with well cared for mixed use building, perfectly situated in a thriving yet peaceful pocket of town. Just steps from the heart of the downtown business core and within easy reach of surrounding residential neighborhoods, the property offers convenience, flexibility for both commercial and residential uses. Its location makes it equally appealing to investors, business owners, and future residents. Main floor is designed for functionality and it's divided into two attractive commercial suites. One unit is home to a professional services office, while the other accommodates a medical treatment practice. Both spaces are thoughtfully arranged with reception areas, private offices, and storage, allowing for a wide variety of professional, service, or retail purposes. Their adaptable layouts provide security for current income while offering future potential for many business types. Above the storefronts, a bright and spacious two-bedroom apartment with backyard access. A 1-bedroom suite with full bathroom and separate entrance. Flexibility makes the property not just a sound investment but also a place where someone could seamlessly combine living and working in one central location. Practical features further enhance this properties desirability. Two private parking spaces serve the residential unit, while on-street parking ensures convenience for commercial visitors. Modern updates include two natural gas furnaces and separate hydro services, ensuring efficiency and dependable utility management for multiple tenants. This properties location strikes the perfect balance Whether you are expanding your portfolio, seeking steady rental income, or envisioning an ideal live/work opportunity, this mixed-use gem is one you won't want to miss.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
Yes
Total Area:
2700 sq. ft. Square Feet
Total Area:
2,700 sq. ft.251 m2
Retail Area:
2700 sq. ft. Sq Ft
Office/Apt Area:
2700 sq. ft. Sq Ft
Depth:
120'36.6 m
Frontage:
40'12.2 m
Bathrooms:
4.0
Water supply:
Municipal
Zoning:
COMMERCIAL
Heating type:
Gas Forced Air Open
Garage:
None
Parking Spaces:
2
HST Applicable To Sale Price:
Included In
Assessment Year:
2024
Development Charges Paid:
No
Type Taxes:
Annual
Taxes:
$5,091 /
2024
Assessment:
$- /
2024
Smiths Falls
901 - Smiths Falls
Lanark
No
ONE OF TWO HOT WATER TANKS
Refrigerator, Stove, Dishwasher, Microwave, Washer, Dryer All in "As in condition"
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