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$ 649,000
Est. payment | /mo
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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 520 - Petawawa
MLS Listing ID X12806498
Annual Tax Amount $7,409
Tax Year 2025
Property Sub-Type Investment
Property Description
Prime Mixed-Use Investment Opportunity on Petawawa Boulevard. Position your business and portfolio for success with this modern two-story commercial/residential building offering over 4,300 sq. ft. of versatile space in one of Petawawa's highest-traffic, highest visibility locations. With up to 20,000 vehicles passing daily and just minutes from Garrison Petawawa, this property provides outstanding exposure and long-term demand-an excellent opportunity for business owners looking to transition from tenant to owner while building equity. The 2,500 sq. ft. main floor commercial space is configured to accommodate two separate retail or office tenancies, allowing for flexible leasing strategies and diversified income. Based on market rents of estimated $15/sq. ft., the commercial component presents a projected income potential of about $37,500 annually, making this an attractive option for investors seeking strong returns. Occupy one unit and lease the other, or lease both for maximum cash flow. Upstairs, the spacious 5-bedroom, 2-bath residential unit is currently rented at $2,800/month ($33,600 annually), providing immediate, stable income. Total income potential of $70,000 to $75,000 per year. The combination of residential and commercial revenue streams offers built-in cash flow support and enhanced investment stability, with the option for owner occupancy above your business if desired. Surrounded by schools, parks, shopping, churches, and extensive walking/cycling trails, and with Highway 417 less than five minutes away, the property benefits from excellent accessibility and strong tenant appeal within a stable, growing community. This high-visibility retail/residential asset offers multiple income streams, projected strong returns, and modern construction in a proven commercial corridor, an exceptional opportunity for investors and owner-operators alike. Property for sale only. The business is not closing and will continue operating at another location.
Location
Province ON
County Renfrew
Area Renfrew
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 280.8
Lot Depth 146.0
Others
ParcelsYN No
Listed by RE/MAX PEMBROKE REALTY LTD.
Nearby Locations
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