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For Sale

4 Elgin Street W, Arnprior, ON K7S 1N3

$849,900

  • 4 Bathrooms
  • Commercial Retail
  • MLS® X14098886

Listing Brokerage: ROYAL LEPAGE TEAM REALTY

Description

RARE DOWNTOWN ARNPRIOR MIXED-USE INVESTMENT PROPERTY - FULLY LEASED. An exceptional opportunity to acquire a fully leased, income-producing mixed-use investment property in the heart of downtown Arnprior. Located at the highly visible corner of Elgin Street West and Daniel Street, this landmark commercial and residential building offers strong cash flow, diversified rental income, and long-term appreciation potential in one of Eastern Ontario's fastest-growing real estate markets. This prominent downtown investment property features approximately 1,997 sq/ft. of prime commercial retail space on the main floor, occupied by an established tenant. Positioned in a high-traffic location with excellent pedestrian exposure and vehicle visibility, the commercial component provides stable income and strong tenant appeal within Arnprior's thriving downtown business district. The upper level consists of a beautifully renovated 1,337 sq/ft. loft-style apartment, combining historic charm with modern amenities. This sought-after residential rental unit features exposed brick walls, large windows, abundant natural light, an open-concept layout, two spacious bedrooms plus a den or home office, in-suite laundry, and picturesque views of the Madawaska and Ottawa Rivers. With both tenants in place and paying their own utilities, the property benefits from reduced operating expenses, efficient management, and dependable monthly cash flow. Based on current income and operating costs, the building offers an estimated (cap rate) of approximately 6.0%, making it an attractive commercial real estate investment for investors seeking yield, stability, and long-term wealth creation.Opportunities to purchase a fully leased mixed-use building in downtown Arnprior are limited. This investment property combines a high-profile corner location, established tenancy, strong rental demand, renovated residential accommodations, and the enduring value of a historic downtown commercial building.

Property details

MLS® number
X14098886
Transaction
For Sale
Property type
Commercial
Style / use
Commercial Retail
Community
550 - Arnprior
City
Arnprior
Bathrooms
4
Building area
3334 Square Feet
Lot width
25 Feet
Lot depth
130 Feet
Heating
Gas Forced Air Open
Cooling
Partial
Garage
None
Taxes
$8,212.75
Tax year
2026
Office area
1337
Retail area
1997
Listing brokerage
ROYAL LEPAGE TEAM REALTY

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