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188-192 RAGLAN STREET S
Renfrew Ontario K7V1R1 Canada

$599,900

Active Listing ID X12824608
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5,000 square feet
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Retail

$599,900

Active Listing ID X12824608
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188-192 RAGLAN STREET S **Interior photos to come soon - email me to be notified** 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 2023. Featuring one leased long-term tenant retail storefront ($2500+hydro), another vacant 1250 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 2, 500+ 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Retail
  • Features
  • Cooling System: None
  • Heating Systems: Hot water radiator heat, Natural gas
  • Additional Features
  • Basement
Listing Changed: 2/26/2026 9:30:54 PM GMT
Source Updated Date: 2/27/2026 6:08:51 AM GMT

Courtesy of: Moe McIlwain, Salesperson, RE/MAX HALLMARK REALTY GROUP