739 Principale Street, Casselman, ON K0A 1M0

Casselman K0A 1M0 Ontario

MLS: X12294206

$1,399,900

Added 4 days ago | For Sale

Listed by: ENGEL & VOLKERS OTTAWA

About Property

Here's an exceptional opportunity in the heart of the growing village of Casselman. This fully renovated mixed-use commercial building offers strong cash flow potential with a total of six units, including five residential apartments and one bright, versatile commercial space fronting on Principale Street offering various uses, located alongside other local businesses. Originally renovated in 2017, the property features two 1-bedroom units on the main level and three 2-bedroom units on the second floor, each thoughtfully equipped with all appliances, in-unit laundry, A/C and modern finishes throughout. Select units also offer gas fireplaces, heated bathroom floors, and on-demand boilers. Upper-level residents enjoy private, powder-coated balconies and the lower level units have a small deck. The front of the building has an interlock patio with a wheelchair-accessible ramp leading to the commercial unit. The 1,135 sq.ft. commercial unit features soaring 12-foot ceilings, large street-facing windows, a 298 sq.ft. front patio, and three washrooms, perfect for retail, office, or service-oriented use. Zoned for a wide range of commercial purposes, the property presents a great opportunity for both owner-occupiers and hands-off investors. With very low maintenance required, ample on-site parking (8+ spaces), street parking out front, and strong tenancy in place, this prime property is ideal and centrally located within walking distance to VIA Rail, grocery stores, restaurants, and other village amenities. A 2 minute drive off Highway 417, only 30 minutes to Ottawa and 1.5 hours to Montreal. This is a rare, turnkey opportunity in a thriving small-town market.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 50 X 150
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Principale St. / St Jean St
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $11142.15
  • Bedrooms:
  • Total Parking Spaces:8
  • Parking Places:8
  • Heating Type:Other
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12294206

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