Retail in Smiths Falls available for sale
2

Retail Spaces for Sale in Smiths Falls

Smiths Falls Retail Space for Sale

More details for 28-34 Market St N, Smiths Falls, ON - Retail for Sale

28-34 Market St N

Smiths Falls, ON K7A 2E6

  • Retail for Sale
  • $579,999 CAD
  • 2,249 SF

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

Contact:

Royal Lepage Integrity Realty

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-04

Hide
See More
More details for 7526 Roger Stevens Dr, Smiths Falls, ON - Industrial for Sale

7526 Roger Stevens Dr

Smiths Falls, ON K7A 4X8

  • Industrial for Sale
  • $349,000 CAD
  • 7,264 SF
See More
1-2 of 2

Retail Spaces for Sale in Smiths Falls

View All Available Listings
How many retail spaces are available for sale in Smiths Falls?
There are currently 2 retail spaces available for sale in Smiths Falls, offering a unique opportunity for businesses to establish a presence.
How big are the retail spaces available for sale in Smiths Falls?
The average size of retail spaces available for sale in Smiths Falls is about 4,757 SF. The largest retail spaces available to buy is 7,264 SF and the smallest is 2,249 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.