For sale 38$999,888
40 Main Street East
Smiths Falls, Smiths Falls, Ontario K7A1A4
For sale· Added
About this property
Prime Mixed-Use Commercial Opportunity in the Heart of Smiths Falls! This high-visibility downtown property offers exceptional exposure, ample on-site parking, and outstanding accessibility. With approximately 7,500 sq. ft. of retail/commercial space plus an additional 2,500 sq. ft., many possibilities for investors, owner-operators, or developers. A wide range of potential permitted commercial uses provides excellent flexibility for future growth. The current owner is offering a rare flexible possession date of up to two years, making this an ideal opportunity for buyers planning a future move or investment. Flexible purchase options are also available, including Vendor Take-Back (VTB) financing, a leaseback arrangement, or negotiation for the existing business. Operational features include a two-bay loading area with access from the adjacent side street, making shipping and receiving efficient. Above the commercial space are income-generating apartments with a separate entrance, providing valuable additional revenue. Positioned on a wide, prominent street in the heart of Smiths Falls, this versatile property offers outstanding potential for investment, expansion, or redevelopment. An exceptional opportunity to own a landmark commercial property with multiple income streams and flexible purchase options.
Location
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Property details
Listing
- MLS® number
- X13652512
- Added
- Aug 7, 2026 ()
- Updated
- Aug 18, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
Inside
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Fireplace
- No
- Features
- Irregular lot size
Building
- Parking
- Other · 6 spaces
Land
- Lot size
- 58.9 x 119.8 ft
- Zoning
- Downtown Core
Services
- Water
- Municipal water
Location
- Cross streets
- Market Street North
- Directions
- Located one blocks east of Beckwith Street.
Running costs
- Annual property tax
- $10,210
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