See all 44 photos
$625,000
Est. payment /mo
12,572 SqFt
Active
72 Daniel ST Smiths Falls, ON K7A 1J7
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 12,572 sqft
Price per Sqft $49
Subdivision 901 - Smiths Falls
MLS Listing ID X11968511
Annual Tax Amount $7,336
Tax Year 2024
Property Sub-Type Investment
Property Description
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!
Location
Province ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Interior
Cooling No
Exterior
Utilities Available Available
Lot Frontage 129.97
Listed by RE/MAX HALLMARK REALTY GROUP
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