ON > Casselman > 604 - Casselman
Casselman, ON K0A 1M0,739 Principale ST
Casselman, ON K0A 1M0,739 Principale ST
Casselman, ON K0A 1M0,739 Principale ST
Casselman, ON K0A 1M0,739 Principale ST
Casselman, ON K0A 1M0,739 Principale ST
Casselman, ON K0A 1M0,739 Principale ST
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Fawad Nissari

Fawad Nissari

+1(416) 878-1085
$ 1,399,900
Est. payment | /mo

5,000 SqFt

Save
$ 1,399,900
Est. payment | /mo
Save

5,000 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $279

Subdivision 604 - Casselman

MLS Listing ID X12294206

Annual Tax Amount $11,142

Tax Year 2024

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Prescott And Russell

Community 604 - Casselman

Area Prescott And Russell

Interior

Cooling Partial

Exterior

Community Features Major Highway, Recreation/Community Centre

Utilities Available Yes

Lot Frontage 50.0

Lot Depth 150.0

Others

Security Features No

Listed by ENGEL & VOLKERS OTTAWA
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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