1,800 ft2
None
Forced Air
$475,000
Prime mixed-use income property in the heart of downtown Smiths Falls on the newly revitalized Beckwith Street! Featuring a fully leased 900 sq ft street-level commercial unit (bringing in $1,700 + HST per month, with rent increasing by $50 annually until 2029) and two vacant residential suites above and behind: A bright 1-bedroom apartment (previously rented for $1,650/month) and a private bachelor with separate entrance. Opportunity to chose your tenants and set price yourself. Recent upgrades include a new roof membrane with 3" insulation (2025, $30K), two new hot water tanks (2024), and natural gas forced-air heating. Ideal setup for investors or owner-occupiers seeking steady rental income.Projected gross income over $54,000 annually with a strong 9% cap rate and potential to increase. Municipal water & sewer, both street and read parking and amazing visibility on a beautiful upscale street. A rare opportunity to own a solid cash flowing property with strong value-add potential in the heart of downtown Smiths Falls. (id:37553)
Property Details
|
MLS® Number
|
X12492486 |
|
Property Type
|
Retail |
|
Community Name
|
901 - Smiths Falls |
Building
|
Cooling Type
|
None |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Exterior
|
1800 Sqft |
|
Size Interior
|
1,800 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
74 Ft ,5 In |
|
Size Frontage
|
17 Ft ,7 In |
|
Size Irregular
|
Bldg=17.65 X 74.46 Ft |
|
Size Total Text
|
Bldg=17.65 X 74.46 Ft |
|
Zoning Description
|
C1/commercial |
https://www.realtor.ca/real-estate/29049399/43-beckwith-street-smiths-falls-901-smiths-falls