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$1,399,900
Available - For Sale
Listing ID: X12294206
Here's an exceptional opportunity in the heart of the growing village of Casselman. This fully renovated mixed-use commercial building offers strong cash flow potential with a total of six units, including five residential apartments and one bright, versatile commercial space fronting on Principale Street offering various uses, located alongside other local businesses. Originally renovated in 2017, the property features two 1-bedroom units on the main level and three 2-bedroom units on the second floor, each thoughtfully equipped with all appliances, in-unit laundry, A/C and modern finishes throughout. Select units also offer gas fireplaces, heated bathroom floors, and on-demand boilers. Upper-level residents enjoy private, powder-coated balconies and the lower level units have a small deck. The front of the building has an interlock patio with a wheelchair-accessible ramp leading to the commercial unit. The 1,135 sq.ft. commercial unit features soaring 12-foot ceilings, large street-facing windows, a 298 sq.ft. front patio, and three washrooms, perfect for retail, office, or service-oriented use. Zoned for a wide range of commercial purposes, the property presents a great opportunity for both owner-occupiers and hands-off investors. With very low maintenance required, ample on-site parking (8+ spaces), street parking out front, and strong tenancy in place, this prime property is ideal and centrally located within walking distance to VIA Rail, grocery stores, restaurants, and other village amenities. A 2 minute drive off Highway 417, only 30 minutes to Ottawa and 1.5 hours to Montreal. This is a rare, turnkey opportunity in a thriving small-town market.
Price $1,399,900
Taxes: $11,142.15
Tax Type: Annual
Occupancy by: Tenant
Address: 739 Principale Stre , Casselman, K0A 1M0, Prescott and Rus
Postal Code: K0A 1M0
Province/State: Prescott and Rus
Directions/Cross Streets: Principale St. / St Jean St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  0
Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 5,000
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Recreation/Comm
Financial Statement: F
Franchise: F
Maintenance: 0
Sprinklers: No
Outside Storage: T
Crane: F
Heat Type: Other
Central Air Conditioning: Partial
Sewers: Sanitary+Storm
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ENGEL & VOLKERS OTTAWA

739 Principale Stre , Casselman, K0A 1M0, Prescott and Rus


 
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Type: Com - Investment
Area: Prescott and Russell
Municipality: Casselman
Neighbourhood: 604 - Casselman
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Lot Size: x 150.00(Feet)
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Tax: $11,142.15
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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