**Interior photos to come soon - email me to be notified** Want to open a Cafe or Men's clothing store OR be an investor? AN OWNER-OCCUPIER'S DELIGHT or INVESTORS CASH COW in the growing town of Renfrew. Only 45 min from Ottawa, this Exceptional mixed-use investment opportunity with immediate cash flow and significant value-add potential. All Roofs replaced 2024 plus updates equal $100,000 over last 2 years. Featuring one leased long-term tenant retail storefront ($2500+hydro), another vacant 1000 sqft storefront retail, PLUS a 2,500+ sq. ft. second-floor office space (currently vacant). Potential Income & Expenses: Gross Income: $84,000/year ($2,000/month for office x 2 retail units at $2500/month) Expenses: Approx. $17,804/year (projected to decrease) Potential NOI: $62,196/year. The upper-level approx 2,000 sq. ft. office presents major upside. Add value and resell, or hold for strong long-term cash flow. Priced at just over $100 per sq. ft., this is a rare opportunity to acquire a cash-flowing asset with substantial upside. AN ADDED BONUS: owner-occupiers can operate their business upstairs while off-setting costs with income from the leased retail units - potentially running at low to no overhead. Cash flow today. Increase value tomorrow. 24 hours' notice required for showings to see whole building. Book your viewing today. PUBLIC PARKING IN FRONT.
Address
188-192 Raglan Street S
List Price
$599,900
MLS® Status
New
Expiration Date
2026-06-25
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Renfrew
Sub-Area
540 - Renfrew
Lot Depth
119.58
Lot Type
Lot
Lot Irregularities
1
Lot Size Units
Feet
Lot Width
51.41
Parcel Number
572800120
Total Building Area
5000
Occupant Type
Partial
Cross Street
From Highway 417 West, turn left onto Gillan Road, Turn left onto ON-60W, Destination will be on the right
Frontage Length
15.67
MLS® Number
X12824608
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Postal Code
K7V 1R1
Posession Details
flexible
Parking Spaces
4
Tax Amount
$9,780.00
Tax Year
2025
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Gas Hot Water
Cooling Features
No
Garage Type
None
Tax Legal Description
PT LT 7, W/S RAGLAN ST, PL 11; PT LT 7, E/S ARGYLE ST, PL 11, AS IN R421330 ; TOWN OF RENFREW
Security Features
No
Login To View 10 Additional Details On 188-192 Raglan Street S
Get instant access to more information with a free account.
Already have an account? Login
