140 15 Highway, Smiths Falls, Ontario K7A 5B8

Listed for:
$995,000
0 beds
0 baths
Listed 237 days ago
140 15 Highway, Smiths Falls, Ontario K7A 5B8

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Listing provided by:
RE/MAX AFFILIATES REALTY LTD.
MLS® number:
1364294
Agent:
John Gray
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About

High traffic area Commercial building with multi tenant facilitation. Offering 6000 sq ft on the main level & the upper level adds a 1200 sq ft 1 bedroom 1 bathroom apartment plus approx. 600 sq ft storage space. The front 2600 sq ft & upper level are currently leased to a successful restaurant business. 1400 sq ft of the back area were leased to the owners wine making business with approx. 2000 sq ft rentable area not specifically assigned. Wine business will close in Nov (23) creating 3400 sq ft available for additional tenancy. Metal building with a metal roof, natural gas servicing the property, drilled well, septic field with a 3000 Ltr tank (2016) plus a 7000 Ltr Holding tank (for the restaurant use). 2-200 amp services, one high overhead ground level loading door, 2 gas furnaces for the restaurant and 1 gas radiant heating system for the back area. There are approximately +24 parking spaces, paved drive, street signage, building signage plus a 2 car detached garage in the back. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
24
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is a freehold, with a total of 24 parking spaces available. It is a commercial building located in a high-traffic area, designed to accommodate multiple tenants. The main level offers 6000 sq ft of space, while the upper level includes a 1200 sq ft 1 bedroom, 1 bathroom apartment, and approximately 600 sq ft of storage space.

The front 2600 sq ft and upper level are currently leased to a successful restaurant business. Additionally, 1400 sq ft of the back area were leased to the owner's wine making business, with approximately 2000 sq ft of rentable area not specifically assigned. The wine business will be closing in November 2023, creating 3400 sq ft of available space for additional tenancy.

The property features a metal building with a metal roof, natural gas servicing, a drilled well, septic field with a 3000 Ltr tank (2016), and a 7000 Ltr holding tank for the restaurant use. It also includes 2-200 amp services, one high overhead ground level loading door, 2 gas furnaces for the restaurant, and 1 gas radiant heating system for the back area. There are approximately 24 parking spaces, a paved drive, street signage, building signage, and a 2-car detached garage in the back.

This property is currently for sale and has a land size of 88.42 ft X 305 ft (Irregular Lot). It is located at 140 15 HIGHWAY in the city of Smiths Falls, Ontario, with a postal code of K7A5B8.