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New · Listed Aug 7, 2026 · 82 days on market

40 Main Street E, Smiths Falls, ON K7A 1A4

$999,888

Commercial · Commercial Retail · 10000 sq ft · For Sale

Prime Mixed-Use Commercial Opportunity in the Heart of Smiths Falls! This high-visibility downtown property offers exceptional exposure, ample on-site parking, and outstanding accessibility. With approximately 7,500 sq. ft. of retail/commercial space plus an additional 2,500 sq. ft., many possibilities for investors, owner-operators, or developers. A wide range of potential permitted commercial uses provides excellent flexibility for future growth. The current owner is offering a rare flexible possession date of up to two years, making this an ideal opportunity for buyers planning a future move or investment. Flexible purchase options are also available, including Vendor Take-Back (VTB) financing, a leaseback arrangement, or negotiation for the existing business. Operational features include a two-bay loading area with access from the adjacent side street, making shipping and receiving efficient. Above the commercial space are income-generating apartments with a separate entrance, providing valuable additional revenue. Positioned on a wide, prominent street in the heart of Smiths Falls, this versatile property offers outstanding potential for investment, expansion, or redevelopment. An exceptional opportunity to own a landmark commercial property with multiple income streams and flexible purchase options.

Property summary

TypeCommercial
SubtypeCommercial Retail
Business typeOther
Building area10000 Square Feet
Lot size58.9 × 119.8 ft
Taxes$10,210 / yr
Parking6
GarageOther
PossessionOther
OccupantOwner+Tenant
Property
Lot width58.9
Lot depth119.8
Lot shapeIrregular
Power & Services
Heating typeGas Forced Air Closed
SewerSanitary+Storm
UtilitiesYes
Residential
GarageOther
Zoning & Taxes
Taxes / yr$10,210
Tax year2025
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Data provided by TRREB. Listed by INNOVATION REALTY LTD..

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CC Susan — Central Commercial
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