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MLS® X14125992
Smiths Falls, ON
Exceptionally well-maintained commercial/residential building in downtown Smiths Falls. Building has 4969sf versatile layout with flexibility for variety of uses from retail to restaurant. After 53 years of operating a successfully popular restaurant, owners are retiring. The building's main floor is currently fully equipped restaurant. Three entrance doors would allow space to be converted to retail, office and/or businesses. Second and third floors include six apartments, all rented. Welcoming front reception area includes pizza workstation. From here, customers walk into casual 54'x15' dining area that seats 66. Two steps up to second 37'x 24' dining room seating 45, with attractive stone wall plus bar area. Besides dining areas, restaurant has a 32'x 32' banquet hall for special events that seats 66. Adjoining banquet hall is equipped dessert station. Turnkey fully-equipped kitchen has efficient workflow with professional appliances, prep space and commercial refrigeration including walk-in cooler & walk-in freezer. Three natural gas furnaces and central air, for main floor restaurant. Four washrooms & storage rooms. Basement has extra storage space. Separate exterior door for access to rental apartments on second & third floors. Rented apartments include one 1-bedroom apartment; two 1-bedroom + den apartments; two 2-bedroom apartments and studio apartment. Each apartment has electric baseboard heating, 100 amp service and their own hydro meter. Roof's front shingles 2025; back shingles approx 2015. All windows 2006-2007. Curbside garbage pickup for apartments. Restaurant has garbage contract service. Street parking, two hours free. Zoning C1 (Commercial). Over the years, restaurant was open 7 days a week with full capacity and regular bookings for the banquet hall. Excellent location downtown Smiths Falls. Opportunity to invested in the growing town, on the Rideau Canal system. Convenient central location, 20 mins to Perth or Carleton Place and 50 mins Ottawa.
Inclusions
Detailed list of equipment, available upon request
Broker
COLDWELL BANKER FIRST OTTAWA REALTY
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Commercial Retail
11 Beckwith Street S Smiths Falls
Smiths Falls
Type
Commercial Retail
Parking
None
Property Tax
~$15,673/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
10855 sqft
Parking
None
Finances
List Price
$1,149,000
Price per SQFT
$106/sqft
Property Tax
~$15,673/yr
Property Specs
Property Type
Commercial Retail
MLS Size
10855 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
Smiths Falls
Listed On
Oct 28, 2026
Recreation/Community Centre
Days on Market
Current: 10 days
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