$599,999
Available - For Sale
Listing ID: X12270692
28-34 Market Stre , Smiths Falls, K7A 2E6, Lanark
| Attention Investors and Small Business Owners - Strong CAP RATE AT OVER 9% Don't miss this exceptional opportunity to own a fully renovated mixed-use triplex in the heart of Smiths Falls, just steps from the Rideau Canal and downtown core.This versatile property features a main-floor commercial unit with high street visibility, and was leased to a well-established medical/spa tenant. It's ideal for those looking to operate their own business or benefit from stable commercial rental income. Above the commercial space are two newly renovated residential units, each featuring modern finishes and brand-new appliances perfect for attracting quality, long-term tenants. This turn-key investment delivers immediate income and long-term growth potential in a thriving, up-and-coming community. A rare opportunity to own a prime, income-generating property in Smiths Falls. All units VACANT set your own rents or move right in! |
| Price | $599,999 |
| Taxes: | $5324.00 |
| Occupancy: | Vacant |
| Address: | 28-34 Market Stre , Smiths Falls, K7A 2E6, Lanark |
| Directions/Cross Streets: | Market and Russell Street |
| Rooms: | 18 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Ground | Foyer | 14.92 | 14.83 | |
| Room 2 | Ground | Common Ro | 15.15 | 6.99 | |
| Room 3 | Ground | Office | 11.74 | 10.99 | |
| Room 4 | Ground | Office | 9.68 | 7.25 | |
| Room 5 | Ground | Office | 14.99 | 8.07 | |
| Room 6 | Ground | Common Ro | 21.65 | 4.82 | |
| Room 7 | Ground | Powder Ro | 7.08 | 5.9 | |
| Room 8 | Ground | Powder Ro | 7.84 | 5.9 | |
| Room 9 | Second | Bedroom | 10.76 | 10.59 | |
| Room 10 | Second | Bedroom 2 | 11.84 | 7.08 | |
| Room 11 | Second | Kitchen | 11.15 | 6.59 | |
| Room 12 | Second | Living Ro | 12 | 11.91 | |
| Room 13 | Second | Powder Ro | 5.84 | 3.84 | 3 Pc Bath |
| Room 14 | Second | Bedroom | 11.41 | 6.66 | |
| Room 15 | Second | Bedroom 2 | 11.41 | 8.5 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 2 | Ground |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 2 | Ground |
| Washroom Type 7 | 3 | Second |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 2 | Ground |
| Washroom Type 12 | 3 | Second |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 2 | Ground |
| Washroom Type 17 | 3 | Second |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 2 | Ground |
| Washroom Type 22 | 3 | Second |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 2 | Ground |
| Washroom Type 27 | 3 | Second |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 2 | Ground |
| Washroom Type 32 | 3 | Second |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 2 | Ground |
| Washroom Type 37 | 3 | Second |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 |
| Total Area: | 0.00 |
| Property Type: | Triplex |
| Style: | 2-Storey |
| Exterior: | Brick, Metal/Steel Sidi |
| Garage Type: | None |
| Drive Parking Spaces: | 0 |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Other |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE INTEGRITY REALTY |
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Lanark |
| Municipality: | Smiths Falls |
| Neighbourhood: | 901 - Smiths Falls |
| Style: | 2-Storey |
| Tax: | $5,324 |
| Beds: | 4 |
| Baths: | 4 |
| Fireplace: | Y |
| Pool: | None |
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