Listing ID: 1396180  
$519,900

8 RUSSELL STREET E

CENTURY 21 SYNERGY REALTY INC.

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8 RUSSELL STREET E, Smiths Falls, Ontario, K7A1E8
Property TypeRetail

Back on market due to buyer financing. This landmark property is available for the first time in 35 years! Nestled in the heart of Smiths Falls, this charming brick building offers a prime downtown location amidst the bustling shops of Russell Street and is a cornerstone of this eclectic community. Surrounded by boutique shops, eateries, a live music venue, spa, barbershop and trendy hair salons, this property is anchored by a renowned, long-standing store that has become a local institution and a must-visit destination for residents and visitors alike. Two renovated apartments on the second floor consisting of a 1 bed/1bath unit & a 2 bed/1bath unit. Enjoy two parking spaces at rear of building. With a 6% cap rate, this is a lucrative opportunity for an investor seeking a reliable income stream or an entrepreneur eager to make your mark. Join the dynamic mix of businesses that make this street a hub of activity and commerce. Don't miss this rare chance to own a piece of local history! (id:16400)


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Details
OwnershipFreehold Parking Spaces2
TransactionFor sale Zoning DescriptionC1
Land
Size Frontage18 ft ,1 in Size Depth105 ft
Size Irregular18.05 ft X 105 ft

Listing Office: CENTURY 21 SYNERGY REALTY INC.

Data Provided by Ottawa Real Estate Board

Last Modified :17/07/2024 09:12:30 AM

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