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For sale · MLS® X14125776

11 Beckwith Street S, Smiths Falls, ON K7A 2A9

Smiths Falls, ON K7A 2A9

$1,149,000Asking price
— Bedrooms— Bathrooms10855 Reported areaInvestment Type

About this property

Exceptionally well-maintained commercial/residential building in downtown Smiths Falls. Building has 4969sf versatile layout with flexibility for variety of uses from retail to restaurant. After 53 years of operating a successfully popular restaurant, owners are retiring. The building's main floor is currently fully equipped restaurant. Three entrance doors would allow space to be converted to retail, office or businesses. Second and third floors include six apartments, all rented. Welcoming front reception area includes pizza workstation. From here, customers walk into casual 54'x15' dining area that seats 66. Two steps up to second 37'x 24' dining room seating 45, with attractive stone wall plus bar area. Besides dining areas, restaurant has a 32'x 32' banquet hall for special events that seats 66. Adjoining banquet hall is equipped dessert station. Turnkey fully-equipped kitchen has efficient workflow with professional appliances, prep space and commercial refrigeration including walk-in cooler & walk-in freezer. Three natural gas furnaces and central air, for main floor restaurant. Four washrooms & storage rooms. Basement has extra storage space. Separate exterior door for access to rental apartments on second & third floors. Rented apartments include one 1-bedroom apartment; two 1-bedroom + den apartments; two 2-bedroom apartments and studio apartment. Each apartment has electric baseboard heating, 100 amp service and their own hydro meter. Roof's front shingles 2025; back shingles approx 2015. All windows 2006-2007. Curbside garbage pickup for apartments. Restaurant has garbage contract service. Street parking, two hours free. Zoning C1 (Commercial). Over the years, restaurant was open 7 days a week with full capacity and regular bookings for the banquet hall. Excellent location downtown Smiths Falls. Opportunity to invested in the growing town, on the Rideau Canal system. Convenient central location, 20 mins to Perth or Carleton Place and 50 mins to Ottawa.

Property facts & features

Property type
Investment
MLS® number
X14125776
Source status
New
Bedrooms
Not provided
Bathrooms
Not provided
Reported interior area
10855
Neighbourhood
Not provided
Postal code
K7A 2A9
Garage
None
Lot depth (source units)
83.47
Annual property tax
15673
Basement
Not provided
Laundry
Not provided
Interior features
Not provided
Exterior features
Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

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Property value & listing history

Current authorized listing record

New · $1,149,000

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Listing brokerage: COLDWELL BANKER FIRST OTTAWA REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14125776. Information deemed reliable but not guaranteed.

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