4 Elgin Street W,Arnprior, ON K7S 1N3
Arnprior, ON K7S 1N3
Description
RARE DOWNTOWN ARNPRIOR MIXED-USE INVESTMENT PROPERTY - FULLY LEASED. An exceptional opportunity to acquire a fully leased, income-producing mixed-use investment property in the heart of downtown Arnprior. Located at the highly visible corner of Elgin Street West and Daniel Street, this landmark commercial and residential building offers strong cash flow, diversified rental income, and long-term appreciation potential in one of Eastern Ontario's fastest-growing real estate markets. This prominent downtown investment property features approximately 1,997 sq/ft. of prime commercial retail space on the main floor, occupied by an established tenant. Positioned in a high-traffic location with excellent pedestrian exposure and vehicle visibility, the commercial component provides stable income and strong tenant appeal within Arnprior's thriving downtown business district. The upper level consists of a beautifully renovated 1,337 sq/ft. loft-style apartment, combining historic charm with modern amenities. This sought-after residential rental unit features exposed brick walls, large windows, abundant natural light, an open-concept layout, two spacious bedrooms plus a den or home office, in-suite laundry, and picturesque views of the Madawaska and Ottawa Rivers. With both tenants in place and paying their own utilities, the property benefits from reduced operating expenses, efficient management, and dependable monthly cash flow. Based on current income and operating costs, the building offers an estimated (cap rate) of approximately 6.0%, making it an attractive commercial real estate investment for investors seeking yield, stability, and long-term wealth creation.Opportunities to purchase a fully leased mixed-use building in downtown Arnprior are limited. This investment property combines a high-profile corner location, established tenancy, strong rental demand, renovated residential accommodations, and the enduring value of a historic downtown commercial building.
Details
| MLS # | X13449350 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 65 |
| Listing Provided By | ROYAL LEPAGE TEAM REALTY | X13449350 507000 |
Features
| Bath(s) | 4 |
|---|---|
| SQ Feet | 3,334 |
| Acreage | 0.08 |
Interior
| Cooling | Partial |
|---|
Exterior
| Community Features | Major Highway, Recreation/Community Centre |
|---|---|
| Security Features | No |
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 7974 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 16, PL 7, ELGIN ST AS IN R414686; T/W R414686 ; TOWN OF ARNPRIOR - MCNAB |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Renfrew |
| City | Arnprior |
| Postal Code | K7S 1N3 |
| Area | 550 Arnprior |
| Listing VS Median (in K7S 1N3) | |
Price: $849,900 low | high Med: $999,450 sqft: 3,334 low | high Med: 4,667 $ / sqft: $255 low | high Med: $223 On site: 65 low | high Med: 53.5 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| County | Renfrew |
| City | Arnprior |
| Postal Code | K7S 1N3 |
| Area | 550 Arnprior |
| Listing VS Median (in K7S 1N3) | |
Price: $849,900 low | high Med: $999,450 sqft: 3,334 low | high Med: 4,667 $ / sqft: $255 low | high Med: $223 On site: 65 low | high Med: 53.5 | |
