7 Union Street
Smiths Falls, ON
- 2,527 sqft
- Commercial Retail
- 63 days on market
Exceptional Mixed-Use Investment Opportunity in the Heart of Smiths Falls! Commercially zoned and situated on approximately 0.3 acres, this high-exposure property offers an outstanding opportunity to own a well-maintained mixed-use building in one of the town's busiest locations. Building for sale only - business not included.The main level is home to the established Union Bar & Grill, while the upper level features a spacious residential apartment, creating excellent commercial and residential income potential. The property also includes a large detached double garage, generous storage space, an expansive parking lot, and room for future expansion (subject to municipal approvals).Located on a major thoroughfare with exceptional visibility and steady traffic, this property is just minutes from the downtown core and surrounded by established neighbourhoods, businesses, and amenities. Its prime location and flexible zoning make it an attractive opportunity for investors, entrepreneurs, and future owners alike.Whether you're expanding your investment portfolio or securing a versatile commercial asset with multiple income streams and future upside, 7 Union Street is an opportunity not to be missed. A versatile mixed-use investment offering location, visibility, flexibility, and outstanding long-term potential.
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Listing Details
- Taxes (2026)
- $4,472
- Listed
- July 6, 2026
Price History
Property
- Lot Size
- 122.52 x 113.98 Feet
Parking
- Garage
- Visitor
Location & Legal
- Cross Street
- Union St & Cornelia St E
- Zoning
- COMMERCIAL
- Parcel Number
- 053210113
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Double door fridge, Bases of tables, grease trap
- Exclusions
- Business and all removable chattels associated with the business. Tenant belongings. pictures, chairs, table tops, small freezers, 2 Gas fryers. Rental TV's, Rental dishwasher.
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
- $380,000
- Homes sold
- 155
- Median days on market
- 41
- Sale-to-list price
- 96.6%
Based on 155 recorded sales of commercial properties in Smiths Falls over the last 12 months.
Listed by
CENTURY 21 HERITAGE GROUP LTD., BROKERAGE
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 2,527 sq ft
- Price per sq ft
- $193.87
- Annual property tax
- $4,472
- Tax per sq ft
- $1.77
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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