Price ChangeFor Sale

30 Mill Street
Mississippi Mills, Lanark, ON, K0A 1A0

Store W Apt/Office
TRREB
MLS® Number: X12918526
$1,499,000List Price
Store W Apt/OfficeProperty Type
5,002 sq ftSize
$7,055 / 2025Taxes (Annual)
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$1,499,000
Previously Listed For:
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Listing History

Buy/sell history for 30 Mill Street, Mississippi Mills, ON K0A 1A0

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Description

A rare mixed-use investment opportunity in the heart of historic downtown Almonte-one of Eastern Ontario's most resilient and sought-after small-town markets. This well-established property offers diversified income potential with a proven commercial track record and flexible residential upside. The commercial component features two long-standing tenants that anchor the property with stability and visibility. A locally trusted auto repair shop, operating successfully from this location for over 25 years, continues to serve a loyal customer base, while a retail antique store, established here for more than a decade, benefits from steady foot traffic drawn to Almonte's vibrant downtown core. Above and behind the commercial spaces are two self-contained residential units, ideal for investors seeking mixed-use cash flow. One 1-bed+den apartment and one 2-bed+den apartment provide strong rental appeal. The front apartment is currently vacant, offering immediate opportunity to secure a new tenant at market rents or to owner-occupy. Each residential unit includes a designated parking space, a valuable amenity in the downtown setting. Why invest in Almonte? Almonte is widely recognized as a high-demand, low-vacancy market driven by its historic charm, walkable downtown, and proximity to Ottawa. Often referred to as the "Friendly Town," Almonte attracts tourists, professionals, and long-term residents alike with its heritage architecture, boutique shopping, thriving arts scene, and scenic Mississippi River. Investors are drawn to Almonte for its consistent rental demand, limited commercial inventory, and strong tenant loyalty, making mixed-use properties here especially compelling. This property presents a balanced investment: established commercial income, residential rental growth potential, and a prime downtown location in a community that continues to outperform expectations. A smart addition to any investor's portfolio looking for stability today and upside tomorrow.

Features

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Amenities

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Summary

Tax (Annual):$7,055 / 2025
Listing #:X12918526
Property Type:Store W Apt/Office
Size:5,002 sq ft
Land Size:92 x 117
Days on CPRB:
Garage:Street
Locker:None
On CPRB Since:
Listing Brokerage:CENTURY 21 SYNERGY REALTY INC.

Rooms

Details

Property

Property Type:Store W Apt/Office
Community:911 - Almonte
Municipality:Lanark

Building

Size:5,002 sq ft

Inside

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

Parking

Garage Type:Street
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Forced Air Open

Land

Cross Street:Mill Street and Almonte Street

$1,499,000

List price

30 Mill Street, Mississippi Mills – Store W Apt/Office for sale