$1,399,900

Investment For Sale
MLS - #X12294206
20 hours ago- By ENGEL & VOLKERS OTTAWA

739 Principale Street, Casselman, ON K0A 1M0

Bed
Bath
5000 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

5000 Sqft

About 739 Principale Street

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.

Home Overview

Last updated

20 hours ago

Virtual tour

None

Basement information

Building size

5000

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Partial
Heating:Other
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
139990000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 739 Principale Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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