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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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118 Wellington Street W Merrickville-Wolford
For SaleMerrickville-Wolford

118 Wellington Street W Merrickville-Wolford, Commercial Retail for Sale

MLS® X12840828

Merrickville-Wolford, ON

250 days on market
$998,000
Show on Map
Show on Map
N/ABeds
N/ABaths
1,560Sqft
N/AParking
Commercial Retail

Overview· 118 Wellington Street W Merrickville-Wolford

MLS® #X12840828

Building and Business Included in the Sale! Are you looking for a turnkey business opportunity with six-figure potential while working part-time? This exceptional offering includes a completely renovated building and a unique business with significant growth prospects. Over the last five years, the business has seen a 92% increase in net income, with substantial room for further expansion. You can learn more about the current operation by visiting "The Joy of Olives" website. As high-quality olive oil remains a kitchen staple with extraordinary health and flavor benefits, demand for this product continues to rise. The property features ground-floor commercial space and a renovated two-bedroom upstairs apartment, perfect for additional rental income or a live-work setup. The building has undergone extensive renovations, including new stucco, insulation, windows, decks, and HVAC. Situated on a 49' x 103' lot with C1 Zoning, the site offers various expansion options under the Merrickville zoning bylaws. Located in one of Eastern Ontario's premier tourist destinations along the historic Rideau Waterway (a UNESCO World Heritage Site), the property benefits from high foot traffic and ample parking. Whether you choose to operate the existing profitable business, bring your own concept to this location, or expand the site with an additional building, the opportunities are endless. Business can be purchased separately.

Broker

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Highlights & Amenities· 118 Wellington Street W Merrickville-Wolford

Source: MLS® listing data
118 Wellington Street W Merrickville-Wolford

Commercial Retail

118 Wellington Street W Merrickville-Wolford

Merrickville-Wolford

Type

Commercial Retail

Parking

Other

Property Tax

~$4,834/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

1560 sqft

Parking

Other

Finances

List Price

$998,000

Price per SQFT

$640/sqft

Property Tax

~$4,834/yr

Property Specs

Property Type

Commercial Retail

MLS Size

1560 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

Merrickville-Wolford

Listed On

Mar 2, 2026

Price & Listing History

Days on Market

Current: 250 days

0306090120+

Rooms

Room information is not available for this listing.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$4,014/mo
Property Tax$403/mo
Total Monthly$4,417

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0