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158 Lombard Street

158 Lombard Street

Smiths Falls, ON

1 sqft • Investment • 298 days on market

$1,149,900

Prime Commercial Opportunity in High-Traffic Location! Exceptional visibility, steady traffic flow, and a proven mixed-use income stream make this property a standout investment. Ideally situated in a convenient, high-exposure location surrounded by several well-performing retail businesses, this property benefits from consistent daily activity and a growing customer base. Just blocks from an expanding residential development, the potential for increased demand and future growth is substantial. Offering two separate entrances and versatile access, the property currently generates income from multiple revenue streams. There are 36 self-storage units, some of which are heated, ensuring year-round usability and reliability. A well-situated tenanted retail space on site provides an ideal storefront, or office location for an owner-operator. Additionally, there is long-standing rental income from a popular food truck, a fixture in the area that draws regular clientele, as well as additional outdoor storage rentals, adding further income stability. The property's mostly fenced perimeter enhances security and could easily be gated for complete control and peace of mind. With excellent visibility and accessibility, ample on-site space, and a location in the path of continued residential and commercial expansion, this property represents an outstanding opportunity for investors or business owners seeking steady income with strong upside potential. Whether you continue to operate the current uses or envision expanding the site's capacity, this is a versatile property offering proven performance today - and significant promise for tomorrow.

Listing Details

Taxes (2025)
$9,400
Listed
November 3, 2025

Price History

Property

Lot Size
179 x 411 Feet

Location & Legal

Cross Street
Lombard St. and Ferrara Dr.
Zoning
General Commercial
Parcel Number
441280175
Possession
Immediate

Commercial

Occupancy
Owner+Tenant

Community

Postal area K7A

Population
17,575
Private dwellings
7,814
Median age
46.8
Average household size
2.3
Median household income
$74,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Smiths Falls · last 12 months

Median sold price
$385,000
Homes sold
160
Median days on market
38
Sale-to-list price
96.8%

Based on 160 recorded sales of commercial properties in Smiths Falls over the last 12 months.

Listed by

RE/MAX AFFILIATES MARQUIS

Location

Commercial figures

Annual property tax
$9,400

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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