$ 489,900

7 Union Street, Smiths Falls

Exceptional Mixed-Use Investment Opportunity in the Heart of Smiths Falls! Commercially zoned and situated on approximately 0.3 acres, this high-exposure property offers an outstanding opportunity to own a well-maintained mixed-use building in one of the town's busiest locations. Building for sale only - business not included.The main level is home to the established Union Bar & Grill, while the upper level features a spacious residential apartment, creating excellent commercial and residential income potential. The property also includes a large detached double garage, generous storage space, an expansive parking lot, and room for future expansion (subject to municipal approvals).Located on a major thoroughfare with exceptional visibility and steady traffic, this property is just minutes from the downtown core and surrounded by established neighbourhoods, businesses, and amenities. Its prime location and flexible zoning make it an attractive opportunity for investors, entrepreneurs, and future owners alike.Whether you're expanding your investment portfolio or securing a versatile commercial asset with multiple income streams and future upside, 7 Union Street is an opportunity not to be missed. A versatile mixed-use investment offering location, visibility, flexibility, and outstanding long-term potential. (id:1945)
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Property details for 7 Union Street, Smiths Falls

Type
Commercial
Living Area
2,527 square feet
Lot Size
Bldg=122.52 x 113.98 FT
Heating
Forced air, Natural gas
Cooling
Partially air conditioned
Annual Taxes
$4,472

Nearby Listings Stat

Estimated price and comparable properties near 7 Union Street

Active Listings
68
Min Price
$49,000
Max Price
$1,150,000
Avg Price
$450,037
Days on Market
67
days
Sold Listings
25
Min Sold Price
$185,000
Max Sold Price
$699,900
Avg Sold Price
$409,216
Days until Sold
80
days

Neighbourhood Census Data

Smiths Falls, Ontario

Population
494
Median Age
50.2
Median Income
$28,480
Dwelling Value
$174,121

Housing Tenure

Owners 60%
Renters 40%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.2
Pop. Density: 939.0/km²
Avg Shelter Cost: $1,231/mo
Owners with Mortgage: 63.3%
Owners Spending 30%+: 30%
Tenants Spending 30%+: 35%
English only: 90.9%
English and French: 7.1%
Neither: 1%
Median Household Income: $55,296
Median Employment Income: $24,928

Price History

Listed
July 7, 2026
by CENTURY 21 HERITAGE GROUP LTD., BROKERAGE
Current Price
$489,900
Type
Commercial
For Sale
7 Union Street

Contact Agent Get in touch about 7 Union Street, Smiths Falls

SANDRA MCKENNA
SANDRA MCKENNA
CENTURY 21 HERITAGE GROUP LTD., BROKERAGE