158 Lombard Street Smiths Falls, Ontario K7A 5B8

$1,149,900

Prime Commercial Opportunity in High-Traffic Location! Exceptional visibility, steady traffic flow, and a proven mixed-use income stream make this property a standout investment. Ideally situated in a convenient, high-exposure location surrounded by several well-performing retail businesses, this property benefits from consistent daily activity and a growing customer base. Just blocks from an expanding residential development, the potential for increased demand and future growth is substantial. Offering two separate entrances and versatile access, the property currently generates income from multiple revenue streams. There are 36 self-storage units, some of which are heated, ensuring year-round usability and reliability. A well-situated tenanted retail space on site provides an ideal storefront, or office location for an owner-operator. Additionally, there is long-standing rental income from a popular food truck, a fixture in the area that draws regular clientele, as well as additional outdoor storage rentals, adding further income stability. The property's mostly fenced perimeter enhances security and could easily be gated for complete control and peace of mind. With excellent visibility and accessibility, ample on-site space, and a location in the path of continued residential and commercial expansion, this property represents an outstanding opportunity for investors or business owners seeking steady income with strong upside potential. Whether you continue to operate the current uses or envision expanding the site's capacity, this is a versatile property offering proven performance today - and significant promise for tomorrow. (id:37553)

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https://www.realtor.ca/real-estate/29064006/158-lombard-street-smiths-falls-901-smiths-falls