A rare mixed-use investment opportunity in the heart of historic downtown Almonte-one of Eastern Ontario's most resilient and sought-after small-town markets. This well-established property offers diversified income potential with a proven commercial track record and flexible residential upside. The commercial component features two long-standing tenants that anchor the property with stability and visibility. A locally trusted auto repair shop, operating successfully from this location for over 25 years, continues to serve a loyal customer base, while a retail antique store, established here for more than a decade, benefits from steady foot traffic drawn to Almonte's vibrant downtown core. Above and behind the commercial spaces are two self-contained residential units, ideal for investors seeking mixed-use cash flow. One 1-bed+den apartment and one 2-bed+den apartment provide strong rental appeal. The front apartment is currently vacant, offering immediate opportunity to secure a new tenant at market rents or to owner-occupy. Each residential unit includes a designated parking space, a valuable amenity in the downtown setting. Why invest in Almonte? Almonte is widely recognized as a high-demand, low-vacancy market driven by its historic charm, walkable downtown, and proximity to Ottawa. Often referred to as the "Friendly Town," Almonte attracts tourists, professionals, and long-term residents alike with its heritage architecture, boutique shopping, thriving arts scene, and scenic Mississippi River. Investors are drawn to Almonte for its consistent rental demand, limited commercial inventory, and strong tenant loyalty, making mixed-use properties here especially compelling. This property presents a balanced investment: established commercial income, residential rental growth potential, and a prime downtown location in a community that continues to outperform expectations. A smart addition to any investor's portfolio looking for stability today and upside tomorrow.
Address
30 Mill Street
List Price
$1,499,000
MLS® Status
Price Change
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
Sale
Area
Mississippi Mills
Sub-Area
911 - Almonte
Region
Lanark
Lot Size Source
MPAC
Lot Depth
117
Lot Type
Building
Lot Size Units
Feet
Lot Width
92
Parcel Number
050980004
Total Building Area
5002
Occupant Type
Tenant
Cross Street
Mill Street and Almonte Street
MLS® Number
X12918526
Listing Brokerage
CENTURY 21 SYNERGY REALTY INC.
Basement
Yes
Postal Code
K0A 1A0
Posession Details
To Be Determined
Tax Amount
$7,055.00
Tax Year
2025
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
No
Garage Type
Street
Security Features
No
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