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MLS® X12840828
Merrickville-Wolford, ON
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.
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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
Days on Market
Current: 250 days
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