40 Main St E

About this Property

Prime Mixed-Use Commercial Opportunity in the Heart of Smiths Falls! This high-visibility downtown property offers exceptional exposure, ample on-site parking, and outstanding accessibility. With approximately 7,500 sq. ft. of retail/commercial space plus an additional 2,500 sq. ft., many possibilities for investors, owner-operators, or developers. A wide range of potential permitted commercial uses provides excellent flexibility for future growth. The current owner is offering a rare flexible possession date of up to two years, making this an ideal opportunity for buyers planning a future move or investment. Flexible purchase options are also available, including Vendor Take-Back (VTB) financing, a leaseback arrangement, or negotiation for the existing business. Operational features include a two-bay loading area with access from the adjacent side street, making shipping and receiving efficient. Above the commercial space are income-generating apartments with a separate entrance, providing valuable additional revenue. Positioned on a wide, prominent street in the heart of Smiths Falls, this versatile property offers outstanding potential for investment, expansion, or redevelopment. An exceptional opportunity to own a landmark commercial property with multiple income streams and flexible purchase options.

Listing Details

MLS #

X13652512

Board

PROPTX

Market

ontario

Property Type

Commercial/Retail

Style

Multi-Use

Garage

Other

Parking Spaces

6

Basement

Y

Heating

Gas Forced Air Closd

Cooling

Y

Lot Size

58.9 × 119.8 ft

Annual Taxes

$10,210/yr

Listed By

INNOVATION REALTY LTD.

Listed On

August 6, 2026