ExtensionFor Sale

72 Daniel Street
Smiths Falls, Lanark, ON, K7A 1J7

Investment
TRREB
MLS® Number: X11968511
$625,000List Price
InvestmentProperty Type
12,572 sq ftSize
$7,336 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 72 Daniel Street, Smiths Falls, ON K7A 1J7

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Description

Seize this incredible opportunity to be part of Smiths Falls' exciting growth with this massive building spanning three stories, located directly across from the train station with high visibility, ample parking, and unlimited potential. The main floor, once home to The Tavern, a cherished local landmark, is primed for a new business venture, featuring a full bar, some kitchen equipment, and restaurant furniture, making it ideal for a restaurant, pub, caf, or retail space. The layout allows for division into three separate units. The demolition on the two upper floors, formerly a hotel, has begun as seen in photos, presenting a blank canvas for residential apartments, boutique hotel rooms, or short-term rental suites, offering huge revenue potential. With newer boiler, a 600-amp electrical service, and plenty of parking, this property is a rare investment opportunity to restore and repurpose this landmark in a fast-growing community. Dont miss out on bringing your vision to life!

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$7,336 / 2024
Listing #:X11968511
Property Type:Investment
Size:12,572 sq ft
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX HALLMARK REALTY GROUP

Rooms

Details

Property

Property Type:Investment
Community:901 - Smiths Falls
Municipality:Lanark

Building

Size:12,572 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Hot Water

Land

Cross Street:From Carleton Place to Smiths Falls: Union St, Turn right onto Cornelia St, left onto Elmsley St N, left onto Daniel St. follow to end, 72 Daniel on the left.

$625,000

List price

72 Daniel Street, Smiths Falls – Investment for sale · MLS® # X11968511 | CPRB