10-12 Beckwith St
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10-12 Beckwith St
2,042 SF 100% Leased Retail Building Smiths Falls, ON K7A 2A8 $394,900 CAD ($193 CAD/SF)
Investment Highlights
- High vehicle and walking traffic area
- Retail space plus residential unit above
- Easy commute to Ottawa, Brockville, Kingston, Kemptville, and Carleton Place
- Investment opportunity
Executive Summary
This building opportunity offers a prime ground level retail area with basement storage, double front window displays, some existing shelving negotiable, air handler air conditioning plus efficient hot water radiator heating. There is a 100 amp service for the main level plus a 60 amp for an upper level. A longtime respected shoe sales business has enjoyed many years of successful sales, much due to its strategic location. No rental income reported for the lower retail portion as the business is now closed and main level is vacant. This has potential if looking for a revenue only opportunity or a prime location for your new venture. The upper level offers 2 bedrooms, kitchen, bathroom, living room and summer room. Very good tenant has been there many years. Pays $500 plus hydro (higher rent potential). Elderly tenant may be considering relocating if she finds suitable housing (no stairs). Street beautification and a Downtown Business Association do well to promote and draw in potential clientele here. Smiths Falls is a rapidly growing beltline community with continued residential growth and need for added services. This location may be where your new business could thrive. Property is being sold as is. Parking is either street parking or town parking lot.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,042 SF
Year Built
1979
Price
$394,900 CAD
Price Per SF
$193 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
C1 - Commercial with residential above
Frontage
28 ft on Beckwith St
Amenities
- Signage
- Signalized Intersection
Walk Score ®
Very Walkable (89)
Nearby Major Retailers
1 of 9
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10-12 Beckwith St
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