30 Mill Street Mississippi Mills, Ontario K0A 1A0

$1,650,000

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. (id:43934)

Property Details

MLS® Number	X12918526
Property Type	Retail
Neigbourhood	Almonte
Community Name	911 - Almonte

Building

Appliances	Dryer, Washer
Cooling Type	None
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Exterior	5002 Sqft
Size Interior	5,002 Ft2
Type	Residential Commercial Mix
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	117 Ft
Size Frontage	92 Ft
Size Irregular	Bldg=92 X 117 Ft
Size Total Text	Bldg=92 X 117 Ft
Zoning Description	Downtown Commercial - C2

https://www.realtor.ca/real-estate/29513081/30-mill-street-mississippi-mills-911-almonte