Homes for sale - 739 Principale ST, Casselman, ON K0A 1M0

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Sepehr Safaee

sepehr@yourottawarealestate.com +1(613) 769-9302

$ 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

Zoning VC

Interior

Cooling Partial

Inclusions 5 Fridges, 5 Stoves, 5 Hood Fans, 5 Dishwashers, 5 Washers, 5 Dryers, 2 On-Demand Boiler Systems, 3 Gas Hot Water Tanks, 1 Electric Hot Water Tank, 1 Water Softener, 2 Sump Pumps, 3 Heat Pumps, 3 Heat Pumps (Heat and Cool), 2 Heat Pumps (Cool Only)

Exterior

Parking Features None

Community Features Major Highway, Recreation/Community Centre

Utilities Available Yes

Building

Lot Description Lot

Lited by ENGEL & VOLKERS OTTAWA

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(613) 769-9302

sepehr@yourottawarealestate.com

2148 Carling Ave suite 5 & 6, Ottawa, K2H 1H1, CAN

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739 Principale ST Casselman, ON K0A 1M0