4 Elgin Street W, Arnprior
RARE DOWNTOWN ARNPRIOR MIXED-USE INVESTMENT PROPERTY - FULLY LEASED. An exceptional opportunity to acquire a fully leased, income-producing mixed-use investment property in the heart of downtown Arnprior. Located at the highly visible corner of Elgin Street West and Daniel Street, this landmark commercial and residential building offers strong cash flow, diversified rental income, and long-term appreciation potential in one of Eastern Ontario's fastest-growing real estate markets. This prominent downtown investment property features approximately 1,997 sq/ft. of prime commercial retail space on the main floor, occupied by an established tenant. Positioned in a high-traffic location with excellent pedestrian exposure and vehicle visibility, the commercial component provides stable income and strong tenant appeal within Arnprior's thriving downtown business district. The upper level consists of a beautifully renovated 1,337 sq/ft. loft-style apartment, combining historic charm with modern amenities. This sought-after residential rental unit features exposed brick walls, large windows, abundant natural light, an open-concept layout, two spacious bedrooms plus a den or home office, in-suite laundry, and picturesque views of the Madawaska and Ottawa Rivers. With both tenants in place and paying their own utilities, the property benefits from reduced operating expenses, efficient management, and dependable monthly cash flow. Based on current income and operating costs, the building offers an estimated (cap rate) of approximately 6.0%, making it an attractive commercial real estate investment for investors seeking yield, stability, and long-term wealth creation.Opportunities to purchase a fully leased mixed-use building in downtown Arnprior are limited. This investment property combines a high-profile corner location, established tenancy, strong rental demand, renovated residential accommodations, and the enduring value of a historic downtown commercial building. (id:1945)
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Property details for 4 Elgin Street W, Arnprior
- Type
- Commercial
- Bathrooms
- 4
- Living Area
- 3,334 square feet
- Lot Size
- 25 x 130 FT
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Partially air conditioned
- Annual Taxes
- $8,213
Nearby Listings Stat
Estimated price and comparable properties near 4 Elgin Street W
Active Listings
10
Min Price
$429,900
Max Price
$1,075,000
Avg Price
$726,750
Days on Market
55
days
Sold Listings
1
Min Sold Price
$669,000
Max Sold Price
$669,000
Avg Sold Price
$669,000
Days until Sold
92
days
Price History
Listed
October 20, 2026
by ROYAL LEPAGE TEAM REALTY
Current Price
$849,900
Type
Commercial
For Sale