1-15 Chambers St Smiths Falls, Ontario K7A 2Y2
$850,000
Amazing Location! 100% occupied with good tenants! Cap Rate 8% Cash flow from day one! Visible from 3 directions. Solid two-story Retail Strip Plaza. Located in the heart of historic Downtown Smiths Falls on the junction of Beckwith (Hwy 15) & Chambers St. Close to Giant Tiger, restaurants and shops. With 180 ft of Store Front on Chambers St. and 2 hours of free street parking, this property enjoys ample foot traffic and great exposure. 670 SF office on 2nd floor with 2 pc bath can be separated and converted to apartment. DW zoning allows many uses: Hotel, Medical, Restaurant, Grocery, Apartments (on 2nd floor) and many more! All units overlook the river. 3000+ sqft of dry undeveloped basement space with high ceilings and windows overlooking the river (boarded over) that can be perfect as a Pub, Club, or Restaurant. Potential to build 10 apartments on 2nd floor - the possibilities are endless!**** EXTRAS **** Very solid structure with reinforced concrete foundation on solid rock. (id:42003)
Property Details
| MLS® Number | X5902676 |
| Property Type | Business |
| Amenities Near By | Highway, Recreation |
Building
| Bathroom Total | 5 |
| Cooling Type | Partially Air Conditioned |
| Size Interior | 7670 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Recreation |
| Size Irregular | 181 X 50 Ft ; Triangle: 181.14(n)x233.39(s)x134(e) |
| Size Total Text | 181 X 50 Ft ; Triangle: 181.14(n)x233.39(s)x134(e) |
https://www.realtor.ca/real-estate/25428510/1-15-chambers-st-smiths-falls
Interested?
Contact us for more information
Shelly Blank
Broker
https://www.investwithshelly.ca
https://www.facebook.com/investment.strategys2020
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2162 Major Mackenzie Drive
Vaughan, Ontario L6A 1P7
(905) 737-5700
(905) 737-5703
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June 10 2023 01:56:02
Toronto Real Estate Board
Coldwell Banker The Real Estate Centre
