NewFor Sale

40 Main Street E
Smiths Falls, Lanark, ON, K7A 1A4

Commercial Retail
TRREB
MLS® Number: X13652512

INNOVATION REALTY LTD.

Listing brokerage
$999,888List Price
Commercial RetailProperty Type
10,000 sq ftSize
$10,210 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 40 Main Street E, Smiths Falls, ON K7A 1A4

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Description

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.

Features

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Amenities

No amenities available

Summary

Tax (Annual):$10,210 / 2025
Listing #:X13652512
Property Type:Commercial Retail
Size:10,000 sq ft
Land Size:58.9 x 119.8
Days on CPRB:
Garage:Other
Locker:None
On CPRB Since:
Listing Brokerage:INNOVATION REALTY LTD.

Details

Property

Property Type:Commercial Retail
Community:901 - Smiths Falls
Municipality:Lanark

Building

Size:10,000 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Other
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed
Utility Sewer:Sanitary+Storm

Land

Cross Street:Market Street North

$999,888

List price

40 Main Street E, Smiths Falls – Commercial Retail for sale · MLS® # X13652512