Positioned along Beckwith Street North in the heart of downtown Smiths Falls, this fully tenanted mixed-use investment offers stable, diversified income from both its commercial and residential components. The property comprises approximately 3,176 sq. ft. of above-grade space, featuring ground-floor retail with basement access and a well-configured three-bedroom, one-bathroom apartment above, all within a traditional main street building supported by flexible C1 zoning. Current gross annual income totals approximately $55,200, producing a net operating income of approximately $34,476. Recent capital improvements, including updates to the roof, windows, and doors, combined with no reported deferred maintenance, position this asset as a turnkey downtown holding delivering dependable cash flow with long-term appreciation potential in a strengthening secondary market. (id:2493)
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