20 BECKWITH Street North, Smiths Falls | Image 1

20 BECKWITH Street North

Smiths Falls, 901 - Smiths Falls

  • Commercial

$7,499,000
For Sale

Added 2 weeks ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Hospitality

  • Zoning: Commericial

  • Age: No Data

  • Taxes: 90000

  • MLS®#: X10411232

  • Days on Site: 12 Days

  • Added: Nov 04, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 7 hours ago

  • Listed By: EXP REALTY

Welcome to Luxury Living at the Iconic Hotel Rideau in the heart of Smiths Falls. This historic building has been completely restored from top to bottom, keeping the old world charm of the 1901 piece of history while offering all of the elegance of modern luxury. A solid asset (CAP rate 5.94%!) that's been fully renovated & is a turn key investment. Operated as a hotel in the past & can easily be converted back to a hotel. Amenities include keyless entry, fitness room, meeting room, laundry & BBQ area, 35 outdoor parking spaces, storage lockers. Comprised of 3 commercial units, 25 residential units boasts soaring 10' ceilings, large crown mouldings, quartz counters in the kitchen & bathroom, pot lights, open concept floor plan & oversized windows. Not a detail has been overlooked w/the high end finishes. Reminiscent of days gone by, a perfect balance has been struck between the heritage feel of the building & modern comforts, right down to the common areas.

Property

  • Status: Sale

  • Type: Hospitality

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Net Income: 445469

  • Area: Smiths Falls

  • Community: 901 - Smiths Falls

  • Availability Date: TBD

Parking

  • Covered Parking Spaces: 35

Fees

  • Tax Year: 2023

  • Tax Legal Description: PART LOTS 225, 226 & 227 N/S WILLIAM STREET PLAN 13884 DESIGNATE

  • Taxes: $90,000

Land

  • Cross Street: Downtown Smiths Fall

  • Municipality District: Smiths Falls

  • Parcel Number: 052800187

  • Lot Depth: 126.23 Feet

  • Lot Frontage: 60 Feet

  • Lot Irregularities: 1

  • Zoning: Commericial

Additional Media

  • Virtual Tour: https://youtu.be/kfatzxK0Zuk?si=K9IOLZ8S_lYMGjCE

Commercial Specific

  • Business/Building Name: Hotel Rideau

Map of 20 BECKWITH Street North, Smiths Falls
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