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!
$850000.0
1-15 Chambers St