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For Sale

8 Beckwith Street N, Smiths Falls, ON K7A 2B1

$500,000

  • 3 Bathrooms
  • Commercial Retail
  • MLS® X13500348

Listing Brokerage: RE/MAX HALLMARK REALTY GROUP

Description

Turnkey mixed-use asset with a 7.6% cap rate, delivering dependable commercial and residential cash flow. Situated along Beckwith Street North in the heart of downtown Smiths Falls, this fully tenanted investment offers stable, diversified income from both retail and residential tenancies. The property comprises approximately 3,176 sq. ft. of above-grade space, including ground-floor commercial space with basement access and a well-configured three-bedroom apartment above, all within a traditional main street building supported by flexible C1 zoning. Current gross annual income is approximately $55,200, generating a net operating income of approximately $38,338. Recent capital improvements in 2023, including the roof, windows, and doors, together with no reported deferred maintenance, further enhance the appeal of this well-maintained downtown holding with long-term upside in a strengthening secondary market. --- The sale of the property does not include the business. --- ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW.

Property details

MLS® number
X13500348
Transaction
For Sale
Property type
Commercial
Style / use
Commercial Retail
Community
901 - Smiths Falls
City
Smiths Falls
Bathrooms
3
Building area
3176 Square Feet
Lot width
28 Feet
Lot depth
57 Feet
Heating
Gas Forced Air Open
Cooling
Yes
Garage
None
Taxes
$7,531.80
Tax year
2026
Business type
Retail Store Related
Retail area
3176
Listing brokerage
RE/MAX HALLMARK REALTY GROUP

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