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40 Main Street E
901 - Smiths Falls Smiths Falls K7A 1A4

$999,888 /For Sale
Commercial

Main Photo: 40 Main Street E in Smiths Falls: 901 - Smiths Falls Commercial for sale : MLS®# X13652512
Photo 1: 40 Main Street E in Smiths Falls: 901 - Smiths Falls Commercial for sale : MLS®# X13652512
Photo 2: 40 Main Street E in Smiths Falls: 901 - Smiths Falls Commercial for sale : MLS®# X13652512
Photo 3: 40 Main Street E in Smiths Falls: 901 - Smiths Falls Commercial for sale : MLS®# X13652512
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13652512
Bus Major:
Other
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.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
10000 sq. ft. Square Feet
Total Area:
10,000 sq. ft.
Retail Area:
7500 sq. ft. Sq Ft
Industrial Area:
2500 sq. ft. Sq Ft
Lot Depth:
119'10"
Lot Frontage:
58'10¾"
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
Downtown Core
Heating type:
Gas Forced Air Closed
Garage:
Other
Parking Spaces:
6
Possession Details:
Up to 2 years
HST Applicable To Sale Price:
In Addition To
Development Charges Paid:
Unknown
Type Taxes:
Annual
Taxes:
$10,210 / 2025
Assessment:
$- / -
Lanark
Smiths Falls
901 - Smiths Falls
No
None
Business inside, and related items.
Utilities:
Yes
Energy Certification:
No
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Other
Category:
Multi-Use
Franchise:
No
Chattels:
Yes
Date Listed:
Aug 07, 2026
Original Price:
Previous Price:
  • Photo 1: 40 Main Street E in Smiths Falls: 901 - Smiths Falls Commercial for sale : MLS®# X13652512
    Photo 1 of 3
  • Photo 2: 40 Main Street E in Smiths Falls: 901 - Smiths Falls Commercial for sale : MLS®# X13652512
    Photo 2 of 3
  • Photo 3: 40 Main Street E in Smiths Falls: 901 - Smiths Falls Commercial for sale : MLS®# X13652512
    Photo 3 of 3
Listed by INNOVATION REALTY LTD.
Data was last updated August 18, 2026 at 12:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.