Commercial Property for Sale near Merrickville

Perth Land for Sale - Northeast Ontario

**Fully severed residential development parcel in the Town of Perth with additional adjoining parcels included in the sale **Primary development lot zoned R4-24-h supporting multi-residential use **Concept prepared for a 3-storey, 54-unit apartment building **Extensive studies completed including environmental, engineering, traffic, and technical reports **Significant planning groundwork already in place, providing a head start in the approvals process **Site Plan Application pending with full rationale and supporting documentation on file **Located near the Algonquin College Perth campus lands, established neighbourhoods, parks, and downtown amenities **Perth recognized for heritage character, walkable core, and strong demand for new housing **Municipal road access and servicing to be extended as part of future development, allowing purchaser to design infrastructure to suit project **PINs included in sale: 051800241 (severed PIN TBD), 051800087, 051800131, 051800086, 051800122, 051800085 **Brock & Provost Streets exist but currently terminate prior to the site; access contemplated through Site Plan process **Comprehensive data room available with studies, surveys, and planning documents

Property Subtype:

Residential

Date on Market:

2026-02-06

Perth Industrial for Sale - Northeast Ontario

A five-storey building with a 39,000 sq. ft. footprint totaling 116,028 sq. ft. T5 Herriott is an opportunity to acquire a unique, former manufacturing facility with the potential for a variety of new uses. The Building consists of ground floor office space and a mix of light and heavy manufacturing space throughout.

Property Subtype:

Manufacturing

Date on Market:

2024-04-01

Perth Portfolio of properties for Sale - Northeast Ontario

On behalf of our client, Algonquin College of Applied Arts and Technology (the “Seller”), CBRE Limited (the “Advisor”) is pleased to offer for sale a 100% freehold interest in 7 Craig Street in Perth, Ontario (the “Offering”, the “Site”, or the “Property”). The Property represents a 12.34 acre improved site with four buildings totaling 48,221 square feet of net rentable area. Building A is a 24,645 square feet of office space, Building B is 17,579 square feet of industrial space, Building C represents a stand-alone industrial building with 2,916 square feet of net rentable area, Building D is a storage building with 2,486 square feet of area (not included in the net rentable area), and Building E is a freestanding Office building with 3,081 square feet of net rentable area. Of the 12.34 acres, approximately 7 acres of the land area is deemed developable. The Property is being used by the Seller until August 31, 2026. The Seller is open to an earlier closing with a sale-lease back of the Property. The Property is being offered unpriced and the Seller is entertaining offers as they come in. The Seller reserves the right to impose a Bid Date if it deems it in its best interest.

Property Subtype:

Mixed Types

Date on Market:

2025-09-03

Smiths Falls Multifamily for Sale - Northeast Ontario

Fully occupied freehold land-lease community with a 4.6% cap rate, stable in-place income, and long-term expansion potential. Situated on approximately 49 acres in a desirable rural setting just south of Smiths Falls and adjacent to the Smiths Falls Golf & Country Club, the property features 47 occupied pads, plus one larger park-owned home currently occupied by the property manager. The park-owned home includes an above-ground pool and a generous outdoor area, offering added operational flexibility and potential future utility for ownership. The community has a long history of full occupancy. In addition to stable in-place income, the site offers future growth potential, with owner materials identifying land for near-term expansion as well as substantial longer-term expansion area. Existing planning, environmental, and servicing materials, including historical site plans and wastewater servicing concepts, provide supporting information for buyers evaluating future phases. The community includes a mix of singlewide and doublewide homes, with several doublewides featuring permanent concrete basements. Convenient access to Smiths Falls and surrounding amenities further supports the property's appeal. Ideal for investors seeking durable cash flow with longer-term upside potential. Buyer to complete own due diligence regarding future development, servicing, and approvals.

Property Subtype:

Mobile Home Park

Date on Market:

2026-05-07

Smiths Falls Retail for Sale - Northeast Ontario

Offered at $599,999, this turn-key mixed-use triplex enjoys a prime downtown location in the vibrant heart of Smiths Falls (Walk Score 90), just one property from the corner and perfectly positioned for strong returns once fully leased. The property features a high-visibility 1,350 sq ft ground-floor retail space with contemporary finishes, large street-front display windows and excellent signage opportunities, projected to lease at $15 psf net ($1,675/month) on a true triple-net basis plus $8,614 in annual recoverable operating costs returned to the landlord, with hydro, gas and water separately metered or submetered to the tenant. The second floor offers two bright and spacious 2-bedroom, 1-bath apartments, each with its own private street-level entrance, brand-new flooring, contemporary LED lighting, fresh neutral paint, updated 3-piece bathrooms and brand-new in-suite washer and dryer; one unit includes brand-new kitchen appliances (oven, dishwasher and refrigerator), while the second offers clean, like-new appliances in excellent condition. Currently, the retail space and one residential unit are vacant and ready for tenancy, with the vacant apartment expected to command $1,830/month plus hydro and submetered water. There is no parking on site, but abundant free street parking is available directly out front. Pro-forma gross revenue (after a conservative 5% vacancy allowance) is projected at $65,952 annually, generating a Year-1 net operating income of $49,252 once stabilized and delivering a solid entry cap rate of 8.21% at the $599,999 list price. Located mere steps from cafés, restaurants, shops, the Rideau Canal and all downtown amenities, this low-maintenance, high-demand asset offers meaningful upside and long-term appreciation in one of Eastern Ontario's most charming and rapidly revitalizing towns

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-04

Perth Flex for Sale - Northeast Ontario

Date on Market:

2025-10-29

Perth Retail for Sale - Northeast Ontario

Circa 1880 stone retail building in the heart of all the activities in historic central downtown perth,high visibility & high traffic location in a high traffic heritage tourist town,2 blocks to the tay canal which flows into the world heritage site rideau canal,3 blocks to stewart park the wedding capital park of ontario with a multitude of yearly festivals,tremendous upside potential in the rental income with the 2nd & 3rd flrs being vacant,close to the oldest golf course in canada-the links o tay golf course,1 block to the best western hotel,very high walkscore being close to all the amenities like other retail stores & restaurants & banks,perth also has one of the best hospitals in ontario located a few blocks from the downtown,perth has been voted the prettiest town in ontario,40% of perth residents are retired & these retirees make excellent tenants in the event the 2nd & 3rd flrs were turned into apts,or turn the 2nd & 3rd flrs into condos to create revenue producing real estate.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2024-11-26

Smiths Falls Industrial for Sale - Northeast Ontario

Welcome to a transformative development opportunity in the heart of Smiths Falls! This dynamic property embodies the essence of entrepreneurial spirit, offering a meticulously designed commercial auto garage and retail space, accompanied by a upper unit. The commercial auto garage, crafted with 3 bays, offers an ideal space for automotive enthusiasts and entrepreneurs. Adjacent, the retail area invites with a strategic layout, perfect for a vibrant storefront in a bustling community. Above, the upper unit awaits your vision—whether as additional retail space, functional offices, or a dynamic living area—promising limitless development opportunities. Notably, envision a proposed 3-story building on this lot, expanding future growth and innovation. ML Number: 1389085 In a hub of innovation and opportunity, this development offers unparalleled visibility and accessibility. Seize the moment and redefine the landscape of commerce in this vibrant locale. Land value sale.

Property Subtype:

Service

Date on Market:

2024-05-10