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8 Russell Street E Smiths Falls, Ontario K7A 1E8


This landmark property is hitting the market 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 & TOI of $31,058.06, this is a lucrative opportunity for an astute 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:48414)

Property Details

MLS® Number 1396180
Property Type Retail
Neigbourhood Downtown Smiths Falls
Parking Space Total 2



Acreage No
Size Depth 105 Ft
Size Frontage 18 Ft ,1 In
Size Irregular 18.05 Ft X 105 Ft
Size Total Text 18.05 Ft X 105 Ft
Zoning Description C1