40 Main Street E, Smiths Falls, ON K7A 1A4
$999,888
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
Property
| Lot width | 58.9 |
| Lot depth | 119.8 |
| Lot shape | Irregular |
Power & Services
| Heating type | Gas Forced Air Closed |
| Sewer | Sanitary+Storm |
| Utilities | Yes |
Residential
| Garage | Other |
Zoning & Taxes
| Taxes / yr | $10,210 |
| Tax year | 2025 |
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Data provided by TRREB. Listed by INNOVATION REALTY LTD..