188-192 RAGLAN Street
Renfrew, ON
5,000 sqft • Commercial Retail • 183 days on market
**Interior photos to come soon - email me to be notified** Want to open a Cafe or Men's clothing store OR be an investor? AN OWNER-OCCUPIER'S DELIGHT or INVESTORS CASH COW in the growing town of Renfrew. Only 45 min from Ottawa, this Exceptional mixed-use investment opportunity with immediate cash flow and significant value-add potential. All Roofs replaced 2024 plus updates equal $100,000 over last 2 years. Featuring one leased long-term tenant retail storefront ($2500+hydro), another vacant 1000 sqft storefront retail, PLUS a 2,500+ sq. ft. second-floor office space (currently vacant). Potential Income & Expenses: Gross Income: $84,000/year ($2,000/month for office x 2 retail units at $2500/month) Expenses: Approx. $17,804/year (projected to decrease) Potential NOI: $62,196/year. The upper-level approx 2,000 sq. ft. office presents major upside. Add value and resell, or hold for strong long-term cash flow. Priced at just over $100 per sq. ft., this is a rare opportunity to acquire a cash-flowing asset with substantial upside. AN ADDED BONUS: owner-occupiers can operate their business upstairs while off-setting costs with income from the leased retail units - potentially running at low to no overhead. Cash flow today. Increase value tomorrow. 24 hours' notice required for showings to see whole building. Book your viewing today. PUBLIC PARKING IN FRONT.
Listing Details
- Taxes (2025)
- $9,780
- Listed
- February 25, 2026
Price History
Property
- Lot Size
- 51.41 x 119.58 Feet
Location & Legal
- Cross Street
- From Highway 417 West, turn left onto Gillan Road, Turn left onto ON-60W, Destination will be on the right
- Zoning
- Commercial
- Parcel Number
- 572800120
- Possession
- Flexible
Commercial
- Occupancy
- Partial
- Office / Apartment Area
- 2500 Sq Ft
Included
- Inclusions
- none
- Exclusions
- tenant belongings
- Rental Items
- hot water tank
Community
Postal area K7V
- Population
- 13,943
- Private dwellings
- 6,881
- Median age
- 52
- Average household size
- 2.2
- Median household income
- $70,000
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 Renfrew · last 12 months
- Median sold price
- $393,000
- Homes sold
- 99
- Median days on market
- 24
- Sale-to-list price
- 97.7%
Based on 99 recorded sales of commercial properties in Renfrew over the last 12 months.
Listed by
RE/MAX HALLMARK REALTY GROUP
Location
Commercial figures
- Building area
- 5,000 sq ft
- Price per sq ft
- $119.98
- Annual property tax
- $9,780
- Tax per sq ft
- $1.96
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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