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.
Address
4 Elgin Street W
List Price
$849,900
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Arnprior
Sub-Area
550 - Arnprior
Region
Renfrew
Bathrooms
4
Lot Depth
130
Lot Type
Lot
Lot Size Units
Feet
Lot Width
25
Parcel Number
573140451
Total Building Area
3334
Occupant Type
Tenant
Cross Street
DANIEL STREET
MLS® Number
X13449350
Listing Brokerage
ROYAL LEPAGE TEAM REALTY
Basement
Yes
Postal Code
K7S 1N3
Posession Details
Flexible
Parking Spaces
2
Tax Amount
$7,974.00
Tax Year
2025
Site Influences
Major Highway, Recreation/Community Centre
Community Features
Major Highway, Recreation/Community Centre
Standard Status
Active
Board Or Association
Renfrew County Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Partial
Garage Type
None
Tax Legal Description
PT LT 16, PL 7, ELGIN ST AS IN R414686; T/W R414686 ; TOWN OF ARNPRIOR - MCNAB
Security Features
No
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