$549,900
Available - For Sale
Listing ID: X12841032
8 Beckwith Street North , Smiths Falls, K7A 2B1, Lanark
| ADDITIONAL DETAILS FOUND IN PROPERTY BROCHURE LINK BELOW. Positioned along Beckwith Street North in the heart of downtown Smiths Falls, this fully tenanted mixed-use investment offers stable, diversified income from both its commercial and residential components. The property comprises approximately 3,176 sq. ft. of above-grade space, featuring ground-floor retail 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 totals approximately $55,200, producing a net operating income of approximately $34,476. Recent capital improvements, including updates to the roof, windows, and doors, combined with no reported deferred maintenance, position this asset as a turnkey downtown holding delivering dependable cash flow with long-term appreciation potential in a strengthening secondary market. |
| Price | $549,900 |
| Taxes: | $7500.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 8 Beckwith Street North , Smiths Falls, K7A 2B1, Lanark |
| Postal Code: | K7A 2B1 |
| Province/State: | Lanark |
| Legal Description: | PT LT 108 S/S WILLIAM ST PL 13884 LANARK |
| Directions/Cross Streets: | Main St W |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Multi-Use |
| Use: | Retail Store Related |
| Building Percentage: | F |
| Total Area: | 3176.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 3 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| RE/MAX HALLMARK REALTY GROUP |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Lanark |
| Municipality: | Smiths Falls |
| Neighbourhood: | 901 - Smiths Falls |
| Tax: | $7,500 |
| Baths: | 3 |
| Fireplace: | N |
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