72 Daniel Street, Smiths Falls | Image 1

72 Daniel Street

Smiths Falls, 901 - Smiths Falls

  • Commercial

$799,000
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: C1

  • Age: No Data

  • Taxes: 7336

  • MLS®#: X11968511

  • Added: Feb 11, 2025 (1 week ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX HALLMARK REALTY GROUP

Seize this incredible opportunity to be part of Smiths Falls' exciting growth with this massive 10,000+ sq. ft. building spanning three stories, located directly across from the train station with high visibility, ample parking, and unlimited potential. The main floor, once home to The Tavern, a cherished local landmark, is primed for a new business venture, featuring a full bar, some kitchen equipment, and restaurant furniture, making it ideal for a restaurant, pub, caf, or retail space. The layout allows for division into three separate units. The two upper floors, formerly a hotel, have been fully gutted, presenting a blank canvas for residential apartments, boutique hotel rooms, or short-term rental suites, offering huge revenue potential. With newer boilers, a 600-amp electrical service, and plenty of parking, this property is a rare investment opportunity to restore and repurpose this landmark in a fast-growing community. Dont miss out on bringing your vision to life, contact us today to explore the possibilities!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Retail

  • Area: Smiths Falls

  • Community: 901 - Smiths Falls

  • Availability Date: Immediate

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Heat Type: Gas Hot Water

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 10

Fees

  • Tax Year: 2024

  • Taxes: $7,336

  • Expenses: Act

  • Insurance Fee: 11000

  • Hydro Expense: 2500

  • Other Expenses: 1070

  • Taxes Type: Annual

  • Taxes: 7336

Land

  • Cross Street: From Carleton Place

  • Municipality District: Smiths Falls

  • Parcel Number: 052690245

  • Lot Frontage: 129.97 Feet

  • Zoning: C1

Commercial Specific

  • Total Area: 12572

  • Total Area Metric: Sq Ft

  • Lot Code: Building

Very Walkable

  • Most errands can be accomplished on foot.
79 /100

Bikeable

  • Some errands can be accomplished on bike.
52 /100
7-8

Hanley Hall Catholic Elementary School

Elementary: Catholic
0.72 km
7-8

St. Luke Catholic School

Elementary: Catholic
2.10 km
4-8

St Francis de Sales Separate School

Elementary: Catholic
0.39 km
JK-8

Duncan J Schoular Public School

Elementary: Public
0.90 km
JK-3

St James the Greater Separate School

Elementary: Catholic
1.37 km
JK-8

Chimo Elementary School

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2.12 km
9-12

Hanley Hall Catholic High School

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0.43 km
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St. Luke Catholic High School

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Perth and District Collegiate Institute

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Carleton Place High School

Secondary: Public
27.38 km
9-12

St John Catholic High School

Secondary: Catholic
18.59 km
9-12

Smiths Falls District Collegiate Institute

Secondary: Public
2.22 km
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