8 Russell Street E, Smiths Falls, Ontario K7A 1E8 (27017847)


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8 Russell Street E Smiths Falls, Ontario K7A 1E8

$519,900

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:47824)

Property Details

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

Building

Land

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

https://www.realtor.ca/real-estate/27017847/8-russell-street-e-smiths-falls-downtown-smiths-falls

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Erika Blair
Salesperson

(587) 436-0789
www.erikablair.ca/
www.facebook.com/erikablairrealestate
https://ca.linkedin.com/in/erikablair

Century 21 Synergy Realty Inc.
23 Beckwith Street North
Smith Falls, Ontario K7A 2B2

(613) 317-2121
(613) 903-7703
www.c21synergy.ca/

Cedrick Foley
Salesperson

(613) 601-7523
cedrickfoley.ca/
https://www.facebook.com/CeddyVision.c21/

Century 21 Synergy Realty Inc.
23 Beckwith Street North
Smith Falls, Ontario K7A 2B2

(613) 317-2121
(613) 903-7703
www.c21synergy.ca/

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