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$799,000
Available - For Sale
Listing ID: X11968511
Seize this incredible opportunity to be part of Smiths Falls' exciting growth with this massive building spanning three stories, located directly across from the train station with high visibility, ample parking, and unlimited potential. The main floor, once home to The Tavern, a cherished local landmark, is primed for a new business venture, featuring a full bar, some kitchen equipment, and restaurant furniture, making it ideal for a restaurant, pub, caf, or retail space. The layout allows for division into three separate units. The demolition on the two upper floors, formerly a hotel, has begun as seen in photos, presenting a blank canvas for residential apartments, boutique hotel rooms, or short-term rental suites, offering huge revenue potential. With newer boiler, a 600-amp electrical service, and plenty of parking, this property is a rare investment opportunity to restore and repurpose this landmark in a fast-growing community. Dont miss out on bringing your vision to life, contact us today to explore the possibilities!
Price $799,000
Taxes: $7,336
Tax Type: Annual
Occupancy by: Vacant
Address: 72 Daniel Stre , Smith Falls, K7A 1J7, Lanark
Postal Code: K7A 1J7
Province/State: Lanark
Directions/Cross Streets: From Carleton Place to Smiths Falls: Union St, Turn right onto Cornelia St, left onto Elmsley St N,
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Retail
Building Percentage: F
Total Area: 12,572
Total Area Code:  Square Feet
Maintenance: 0
Expenses Actual/Estimated: $Act
Heat Type: Gas Hot Water
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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Total Financing $ $ $ $
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

72 Daniel Stre , Smith Falls, K7A 1J7, Lanark


 
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At a Glance:
Type: Com - Investment
Area: Lanark
Municipality: Smith Falls
Neighbourhood: 901 - Smiths Falls
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $7,336
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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