40 Main Street E

About this home

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.

Details

Type

Commercial Retail

Lot

58.9 × 119.8 ft

Garage

Other

Property tax

$10,210 (2025)

Neighbourhood

901 - Smiths Falls

Municipality

Smiths Falls

Heating, cooling and services

Heating

Gas Forced Air Closed

Air conditioning

Yes

Water and sewer

Sanitary+Storm

Utilities

Yes

Building and exterior

Building area

10,000 Square Feet

More

Possession

Up to 2 years

Cross street

Market Street North