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$2,200,000
Est. payment /mo
9,371 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,371 sqft
Price per Sqft $234
Subdivision 901 - Smiths Falls
MLS Listing ID X12199078
Building Age 51-99
Annual Tax Amount $16,411
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
High Exposure retail property on a convenient corner lot on busy Lombard St. This property is located right beside McDonalds and in front of the Independent Grocery Store. The Beer Store is the tenant with a Triple Net Lease in place until December 2030 with 3 x 5yr tenant options. Tenant is responsible for all operating and maintenance expenses. The building is 9,371 sqft, on .65 of an acre with two full loading bays and a portion of excess land that could be built up. To show the strength of the location other neighboring tenants include: Dollar Tree, Canadian Tire, Scotia Bank, KFC, DQ, Walmart, Esso, Tim Hortons, Marks, LCBO, Starbucks. This is a care free lease and as hands off as it gets for the landlord.
Location
Province ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 133.0
Lot Depth 221.0
Others
Security Features No
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Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE