Prime mixed-use income property in the heart of downtown Smiths Falls! Featuring a fully leased 900 sq ft street-level commercial unit and two vacant residential suites above and behind - a bright 1-bedroom apartment and a private bachelor with separate entrance. 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 returns by converting the bachelor to a 2-bedroom. Located on revitalized Beckwith Street, steps to cafés, restaurants, shops, the Rideau River, and VIA Rail station. Street and rear parking, municipal services, and reliable tenants make this a turnkey opportunity downtown. (id:52914)
| MLS® Number | X12492486 |
| Property Type | Retail |
| Community Name | 901 - Smiths Falls |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 1800 Sqft |
| Size Interior | 1,800 Ft2 |
| Utility Water | Municipal Water |
| 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
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