40 Main Street
Smiths Falls, ON
- 10,000 sqft
- Commercial Retail
Prime Mixed-Use Commercial Opportunity in the Heart of Smiths Falls! This high-visibility downtown property offers exceptional exposure, ample on-site parking, and outstanding accessibility. With approximately 7,500 sq. ft. of retail/commercial space plus an additional 2,500 sq. ft., many possibilities for investors, owner-operators, or developers. A wide range of potential permitted commercial uses provides excellent flexibility for future growth. The current owner is offering a rare flexible possession date of up to two years, making this an ideal opportunity for buyers planning a future move or investment. Flexible purchase options are also available, including Vendor Take-Back (VTB) financing, a leaseback arrangement, or negotiation for the existing business. Operational features include a two-bay loading area with access from the adjacent side street, making shipping and receiving efficient. Above the commercial space are income-generating apartments with a separate entrance, providing valuable additional revenue. Positioned on a wide, prominent street in the heart of Smiths Falls, this versatile property offers outstanding potential for investment, expansion, or redevelopment. An exceptional opportunity to own a landmark commercial property with multiple income streams and flexible purchase options.
Listing Details
- Taxes (2025)
- $10,210
- Listed
- August 6, 2026
Price History
Property
- Lot Size
- 58.9 x 119.8 Feet
Parking
- Garage
- Other
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Market Street North
- Zoning
- Downtown Core
- Parcel Number
- 052770096
- Possession
- Other
- Occupancy
- Owner+Tenant
Commercial
- Business Type
- Other
Included
- Exclusions
- Business inside, and related items.
- Rental Items
- None
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
- $379,700
- Homes sold
- 154
- Median days on market
- 41
- Sale-to-list price
- 96.5%
Based on 154 recorded sales of commercial properties in Smiths Falls over the last 12 months.
Listed by
INNOVATION REALTY LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 10,000 sq ft
- Price per sq ft
- $99.99
- Annual property tax
- $10,210
- Tax per sq ft
- $1.02
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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