$599,900
FOR SALE

Commercial/Retail

Lot: 51.41 x 119.58 ft
2025 Taxes: $9,780

188-192 RAGLAN St S
Renfrew, ON K7V 1R1 | 540 - Renfrew

**Interior photos to come soon - email me to be notified** Want to open a Cafe or Men's clothing store OR be an investor? 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 2024 plus updates equal $100,000 over last 2 years. Featuring one leased long-term tenant retail storefront ($2500+hydro), another vacant 1000 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 approx 2,000 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. PUBLIC PARKING IN FRONT.
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Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12824608
Last Updated Mar 16, 2026
Property Summary
Property Type Commercial/Retail

More like this:
PIN 572800120
Legal Description PT LT 7, W/S RAGLAN ST, PL 11; PT LT 7, E/S ARGYLE ST, PL 11, AS IN R421330 ; TOWN OF RENFREW
Possession Date flexible
Taxes (2025) $9,780
Directions/Cross Streets From Highway 417 West, turn left onto Gillan Road, Turn left onto ON-60W, Destination will be on the right
Neighbourhood 540 - Renfrew
Area Renfrew
Price History

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Detailed Information
Freestanding Y
Lot 51.41 x 119.58 ft
Air Conditioning No
Garage Type None
Parking Spaces 4
Heat Type Gas Hot Water

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