739 Principale Street

Casselman, K0A 1M0
FOR SALE
$1,399,900
739 Principale Street, Casselman
739 Principale Street
739 Principale Street
739 Principale Street
739 Principale Street
739 Principale Street
739 Principale Street
739 Principale Street
Investment
CATEGORY
5,000 Sq Ft
TOTAL AREA
X12294206
MLSID
Contact Us
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.
Property Details
Address
739 Principale Street
Postal Code
K0A 1M0
Property Type
Investment, Investment
Days On Market
78
Use
Apartment
Zoning
VC
Lot Size
50' x 150'
Total Area
5,000 Sq Ft
Retail Area
1,310 Sq Ft
Taxes
$11,142 (2024
Heat Type
Other
Water
Municipal
Parking Spaces
8
Garage Type
None
Listing contracted with Engel & Volkers Ottawa
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