Commercial Real Estate for Sale

Position your business or investment portfolio in one of Smiths Falls' most visible & opportunity-rich waterfront corridors. Located directly across from the Smiths Falls Basin of the historic Rideau Canal, a UNESCO World Heritage Site, this prominent red brick Victorian offers exceptional potential in the highly flexible Lombard Street Commercial (LC) Zone, permitting a broad range of uses including retail, professional offices, hospitality, restaurants, & service-based businesses. Currently operating under grandfathered legal non-conforming residential status, the property presents a rare opportunity for investors, entrepreneurs, or mixed-use visionaries seeking a landmark location with future commercial upside. The property combines heritage curb appeal with highly functional infrastructure rarely found in buildings of this era. A standout feature is the oversized heated double attached garage with workshop capability, extensive storage, & direct access to the private fenced yard. Above the garage, a spacious bonus area with gas fireplace & canal views offers excellent flexibility for office space, studio use, meeting area, staff lounge, or client-facing space. With 2,158 SF across multiple levels, including 4 large rooms/offices, 2 full baths, 2nd floor laundry, & an unfinished third-floor attic. Parking for up to 7 vehicles, gated access for additional boat/RV/trailer parking, a new rear deck, privacy screening, & storage shed. A public boat launch is minutes away, adding further appeal for tourism-related or waterfront-oriented commercial ventures. Walking distance to downtown, waterfront parks, beaches, festivals, restaurants, & year-round community attractions, this high-exposure location benefits from both local traffic & tourism generated by the Rideau Canal corridor. A rare opportunity to acquire a character-rich landmark property with flexible zoning, strong visibility, ample parking, & exceptional long-term redevelopment or commercial conversion.

Prime mixed-use income property in the heart of downtown Smiths Falls on the newly revitalized Beckwith Street! Featuring a fully leased 900 sq ft street-level commercial unit (bringing in $1,700 + HST per month, with rent increasing by $50 annually until 2029) and two residential suites, 1 above and 1 behind: A bright 1-bedroom apartment (currenttly rented for $1,625/month plus hydro) and a vacant bachelor with separate entrance. Recent upgrades include a new roof membrane with 3" insulation (2025, $30K), two new hot water tanks (2024), and natural gas forced-air heating. Ideal setup for investors or owner-occupiers seeking steady rental income. Projected gross income over $54,000 annually with a strong 9% cap rate and potential to increase. Municipal water & sewer, both street and read parking and amazing visibility on a beautiful upscale street. A rare opportunity to own a solid cash flowing property with strong value-add potential in the heart of downtown Smiths Falls.

Welcome to an exceptional and exceedingly rare offering on the banks of the UNESCO World Heritage Site Rideau Canal. Nestled just outside the growing community of Smiths Falls, this expansive and diverse property presents endless potential for developers, investors, or visionaries seeking a landmark project with breathtaking natural surroundings. Spanning a 174 acre parcel of land, this property currently houses a Mobile Home Park, having once operated as a golf course. The land also includes the original farmhouse, a series of barns, and the former clubhouse each offering the possibility for repurposing, restoration, or redevelopment. Strategically positioned, this property offers prime access with frontage on Highway 43, along with two separate access points on Poonamalie Road (100' and 66'), providing flexibility for future planning and development. The Rideau Canal wraps gracefully along the point of the property, offering stunning panoramic views of the waterway and the charming town of Smiths Falls just across the River. This property offers rare private access to the canal, further enhancing its recreational and tourism appeal. Imagine a thoughtfully designed recreational development all anchored by the property's natural beauty and historical charm. Located approximately 10 minutes from historic Heritage Perth and just one hour from Ottawa, this is a truly unique opportunity to shape a destination property in one of Eastern Ontario's most scenic and storied locations. Don't miss your chance to explore the untapped potential of this extraordinary Rideau Canal-front property. Showings by appointment only.

BUILDING FOR SALE (NOT THE BUSINESS) Excellent Mixed-Use (fully rented) Investment Opportunity in the Heart of Smiths Falls. Welcome to a solid, income-generating mixed-use commercial building ideally located in the heart of Smiths Falls. This well-positioned property offers a diverse tenant mix with one commercial unit and four residential apartments, making it an excellent opportunity for investors seeking stable cash flow and future upside.The ground-floor commercial unit is approximately 1,000 sq. ft. and is currently rented at $785/month, offering strong street presence and visibility. The residential component includes four units: a ground-floor bachelor apartment renting for $540/month, a one-bedroom unit on the second floor renting for $895/month, and two spacious two-bedroom units on the second floor, each renting for $895/month. All rents are currently inclusive, providing ease of management. However, the building is equipped with five separate hydro meters, allowing a future owner the opportunity to transition utilities to tenant responsibility for improved operating efficiency and increased net income. The property features a combination of gas forced-air heating and electric baseboard heating, offering flexibility and redundancy. With its central location close to shops, services, and amenities, this property is well-positioned for long-term tenant demand. Whether you're looking to expand your investment portfolio or secure a mixed-use asset in a growing community, this Smiths Falls property offers strong income, flexibility, and upside potential.

Discover one of the last remaining parcels of M2 Light Industrial land within the Smiths Falls town limits. This 4.2-acre property offers exceptional potential for development and growth - whether you're looking to expand your existing business or build from the ground up. Ideally located just minutes from the downtown core, this site provides excellent accessibility and visibility, with the added benefit of rail adjacency for potential logistical advantages. Zoned M2, the property allows for a wide variety of permitted uses, making it a rare and versatile opportunity in a growing community. Position your business for success - industrial land of this size and zoning is a true gem in Smiths Falls!

Fully Approved 7-Unit Mixed-Use Development in the Heart of Downtown Smiths Falls. An exceptional opportunity for developers and investors alike-this fully approved mixed-use infill development site is ideally located in the vibrant downtown core of Smiths Falls. With a walk score of 89, this high-visibility location offers excellent accessibility to shops, services, and transit, making it highly desirable for both residents and commercial tenants.The property is vacant, fully serviced, and ready for construction. A demolition permit for the existing home and garage has already been granted by the municipality, allowing for immediate site preparation. The approved site plan features a three-storey low-rise building with a 2,400 sq. ft. footprint and six parking spaces located at the rear. The main floor is designed with two street-front retail or office units plus a two-bedroom residential apartment at the back. The second and third floors each include two spacious two-bedroom apartments, offering a total of five residential units and two commercial spaces. The basement is allocated for mechanical systems, tenant storage, and shared laundry facilities. With commercial space representing less than 30% of the total building area, the project qualifies for CMHC financing-enhancing long-term investment potential and ease of funding. This property represents a turnkey urban infill opportunity-ideal for a developer ready to build or an investor seeking a pre-approved, income-generating asset in one of Eastern Ontario's most progressive and walkable downtowns.

Welcome to 37 William Street East, a solid, income-producing property right in the heart of Smiths Falls. This well-maintained brick building offers great visibility, flexible use, and the bonus of a separate one-bedroom apartment, making it an ideal live-work setup or smart addition to your investment portfolio. The main floor is set up as a professional office with a welcoming reception area, several private offices, a meeting room, and space for storage or file systems. Bright and comfortable with neutral finishes, its a great fit for accountants, legal professionals, financial planners, or any service-based business looking for a central location. Downstairs, the one-bedroom apartment provides steady rental income or the option for an owner-occupied workspace with convenient living quarters. With separate entrances and on-site parking, it's easy to maintain and perfectly designed for long-term tenants or business owners alike. Located just steps from downtown shops, cafés, and services, this property blends small-town charm with business convenience. Whether you're looking to grow your portfolio or secure a stable home for your business, 37 William Street East is a place where opportunity and practicality meet.

Opportunity for a prime restaurant location in a historical building in the heart of Smiths Falls, near the heritage Rideau Canal on the downtown main street (Beckwith) in a rapid growing community. Great storefront exposure on a busy street, along with a great foot traffic location. Restaurant has a diner section with pizza counter, beautiful dining room, and a banquet room in the rear. Plenty of storage on site. Business has been owned and operated for over 30 years by present owners. Gerbos Family & Steak Restaurant has been a landmark restaurant for many years in Smiths Falls. Owners would also consider leasing the restaurant space. Showings Mon & Tues all day, Wed to Sat after 730pm., 48 hours notice required for all showings.

Commercial retail space with showroom area and large story or assembly area behind. Rear flat roof portion of building had new membrane installed approximately eight years ago, as per owners information. Successful location for 38 years operating as kitchen, renovation and new kitchen installation business. Owner, retiring and business is also available at a very reasonable price please inquire with listing agent. Please make appointments during business hours. Monday to Friday 9-5.

High Exposure retail property on a convenient corner lot on busy Lombard St. This property is located right beside McDonalds and in front of the Independent Grocery Store. The Beer Store is the tenant with a Triple Net Lease in place until December 2030 with 3 x 5yr tenant options. Tenant is responsible for all operating and maintenance expenses. The building is 9,371 sqft, on .65 of an acre with two full loading bays and a portion of excess land that could be built up or used for parking. To show the strength of the location other neighboring tenants include: Dollar Tree, Canadian Tire, Scotia Bank, KFC, DQ, Walmart, Esso, Tim Hortons, Marks, LCBO, Starbucks. This is a care free lease and as hands off as it gets for the landlord.

THIS DUPLEX ON TRIANGLE CORNER LOT ON HELEN STREET IN SMITHS FALLS IS READY FOR YOUR PERSONAL TOUCH AND HAS SO MUCH POTENTIAL FOR INVESTMENT OR ,FOR THE RIGHT BUYER, SINGLE FAMILY USE. 1+1 BDRM UP AND DOWN DUPLEX, THIS PROPERTY FEATURES A LARGE LOWER UNIT WITH 1 GOOD SIZED BEDROOM, LARGE KITCHEN AND A HUGE LIVING/DINING AREA - UPPER UNIT WITH SMALLER FEATURES BUT GOOD SIZED KITCHEN WITH POTENTIAL FOR EATING IN, LIVING ROOM AND 1 BEDROOM. BOTH UNITS HAVE 4 PC BATHS. LAUNDRY HOOK UPS IN THE FOYER SPACE FOR THE UPPER UNIT OR COMBINED UNIT USE. WORKSHOP/SHED ON THE PIE SHAPED LOT AND PARKING FOR 2 CARS.

Mould this unit into the investment of your dreams as both units are vacant! Set in the high-traffic, high-visibility core of downtown Smiths Falls, this versatile property offers a clean slate for a visionary buyer. Surrounded by a growing business community and within easy commuting distance to Ottawa, Brockville, Kingston, Kemptville, and Carleton Place, this location is ideal for launching a new venture or expanding an existing one. The main level features a bright and open retail space with large double front window displays, office space and basement storage. Formerly home to a successful retail business, the space is now vacant and ready for your ideas. Upstairs, a vacant two-bedroom residential unit with a kitchen, bathroom, living room, and seasonal sunroom provides potential for additional income or a live-work setup perfect for owners looking to offset costs with rental income. Smiths Falls continues to grow, with ongoing residential development and increased demand for services. Along with recent streetscape improvements, this location is poised for success. Whether you're seeking an income property, launching a business, or both this downtown gem is ready for your next chapter.

High exposure retail opportunity on the south side of Smiths Falls along busy Highway 15. This large standalone building features a bright, open showroom with high ceilings ranging from 15' to 21', ideal for a multitude of uses including retail, automotive, or service uses. Property includes a large fenced outdoor yard, a covered exterior display area, and two loading docks: one covered, grade-level dock and one declining dock designed for 53' trailers. Ample outdoor storage permitted. Large customer parking area. Surrounded by top-tier retailers, automotive and RV dealerships, restaurants and more. Highway 15 is a major corridor with consistently high daily traffic from local shoppers, cottagers, and regional travelers moving between Ottawa, Kingston and beyond. This location offers unbeatable visibility, easy access, and flexibility to grow your business. Rare opportunity to position yourself in one of the area's most vibrant commercial zones.

unity knocks in the heart of Smiths Falls! This dynamic commercial property features a fully equipped 3-bay auto garage, an attached retail storefront, and an upper unit perfect for office space, residential use, or expanding your business. Whether you're an investor or an owner-operator, the flexible layout and prominent street exposure offer endless potential. Zoned for additional height, the lot also allows for a future third storey ideal for those with an eye on long-term growth. A rare chance to own a high-visibility, multi-use space in one of Eastern Ontarios most promising communities.

A-Z Water Hauling: Bulk Water Delivery - Established water haul and mobile wash company available for sale as the owner is retiring. Specializing in bulk water haulage and mobile pressure washing including transport trailers, house trailers, trucks & equipment, buildings (including vinyl & brick), houses, campers & boats. Dust control, road construction, sod watering, water blasting, filling pools and hot tubs, and paint removal. Sale includes lists of long-establish established customer base as well as a 1995 Freightliner w/Cummins engine, 15 split shift with 3000 gallon tank and 3" Monarch pump. New Honda engine on pumps. +3000 BTU hot water propane with +5000 PSI pressure washer and 200' hose and reel. Also included is a 1996 international tractor with 10 speed Detroit engine, a HUTE 4000 gallon trailer w 3" Monarch Honda pump. Both tanks have 4" spray bars air operated from cab. Two 3" water pumps, numerous fittings and discharge hoses.

This property has plenty to offer, and certainly won't go unnoticed as it is located on one of the busiest streets in town, and neighbours the towns shopping district with stores like Walmart, Canadian Tire, LCBO, several chain restaurants, shops, and car lots. Opportunity not only lies with the frontage of this property, but it also backs onto the Cataraqui Trail as well, along with a booming residential development just beyond the trail. The flat site conveniently has two entrances off of Lombard St. Environmental Site Assessment reports on file. This property is a very rare vacant lot in this part of town, and ready for development. Call today!!

Welcome to 202 Percy St and 15 Broadview Ave E. - an exceptional commercial opportunity in a thriving community hub! Positioned next to a busy gas station/convenience store and a bustling strip mall with a gym, restaurant, pharmacy, and retail shops, this property offers high visibility and steady foot traffic. Featuring dual street access, each unit comes with plenty of parking. The Broadview Ave side boasts large windows, high ceilings, and two entry points, providing an ideal retail or office space. The Percy St side offers 3-phase power, a ground-level overhead/loading door, and is perfectly designed with a reception area, workspace, and private office. With four schools just blocks away and a high walking score, this location attracts significant local traffic, making it perfect for retail, services, or office use. Don't miss this outstanding investment opportunity!

Calling All Investors! Gross Annual Income of $90,228! Free-standing commercial building in a great location! Approx 7000 sqft on street level divided into 4 Retail Stores and 1125 sqft of Offices on 2nd level. Fully Tenanted with good stable Tenants.

This Restaurant is in the prime location in the business section of Smith Falls. High volume walking and vehicle traffic. This property is a well established Restaurant leased to the Shawarma on the Falls since 2018. The property has been upgraded both internally and store front. Tenant pays $2700 per month plus all Utilities. The upstairs is a two bedroom apartment renting for 1400 per month plus Hydro.