Added 2 months ago
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Type: Investment
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Property Type: Commercial
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Zoning: C1
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Age: No Data
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Taxes: 7336
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MLS®#: X11968511
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Added: Feb 11, 2025 (2 months ago)
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Updated:
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Last Checked: 1 month ago
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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.
Bikeable
- Some errands can be accomplished on bike.
Hanley Hall Catholic Elementary School
Elementary: CatholicSt. Luke Catholic School
Elementary: CatholicSt Francis de Sales Separate School
Elementary: CatholicDuncan J Schoular Public School
Elementary: PublicSt James the Greater Separate School
Elementary: CatholicChimo Elementary School
Elementary: PublicHanley Hall Catholic High School
Secondary: CatholicSt. Luke Catholic High School
Secondary: CatholicPerth and District Collegiate Institute
Secondary: PublicCarleton Place High School
Secondary: PublicSt John Catholic High School
Secondary: CatholicSmiths Falls District Collegiate Institute
Secondary: Public-
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