118 Wellington Street
Merrickville-Wolford, ON
Sale Of Business • 226 days on market
Building and Business Included in the Sale! Are you looking for a turnkey business opportunity with six-figure potential while working part-time?This exceptional offering includes a completely renovated building and a unique business with significant growth prospects. Over the last five years, the business has seen a 92% increase in net income, with substantial room for further expansion. You can learn more about the current operation by visiting "The Joy of Olives" website. As high-quality olive oil remains a kitchen staple with extraordinary health and flavor benefits, demand for this product continues to rise.The property features ground-floor commercial space and a renovated two-bedroom upstairs apartment, perfect for additional rental income or a live-work setup. The building has undergone extensive renovations, including new stucco, insulation, windows, and deck. Situated on a 49' x 103' lot with C1 Zoning, the site offers various expansion options under the Merrickville zoning bylaws.Located in one of Eastern Ontario's premier tourist destinations along the historic Rideau Waterway (a UNESCO World Heritage Site), the property benefits from high foot traffic and ample parking.Whether you choose to operate the existing profitable business, bring your own concept to this location, or expand the site with an additional building, the opportunities are endless. Seller will Sell the Building and Business Separately.
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Listing Details
- Taxes (2025)
- $4,834
- Listed
- January 13, 2026
Price History
Listing history
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Property
- Lot Size
- 49 x 103 Feet
Location & Legal
- Cross Street
- St. John St. / Wellington St.
- Zoning
- Commercial / Residential
- Parcel Number
- 681080345
- Possession
- Flexible
Commercial
- Business Type
- Other
- Occupancy
- Owner+Tenant
Included
- Inclusions
- List to be provided at time of offer.
- Rental Items
- Alarm System
Community
Postal area K0G
- Population
- 39,862
- Private dwellings
- 19,411
- Median age
- 50.4
- Average household size
- 2.4
- Median household income
- $94,000
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 Merrickville-Wolford · last 12 months
- Median sold price
- $450,000
- Homes sold
- 60
- Median days on market
- 52
- Sale-to-list price
- 95.5%
Based on 60 recorded sales of commercial properties in Merrickville-Wolford over the last 12 months.
Listed by
RIGHT AT HOME REALTY
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Commercial figures
- Annual property tax
- $4,834
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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