For Sale

188-192 RAGLAN Street, Renfrew, Ontario K7V 1R1

$599,900

188-192 RAGLAN Street, Renfrew, Ontario K7V 1R1 is For Sale and has a listing price of 599,900. The property is located in the Bonnechere Valley neighbourhood . It's been on the website for 1 Day.

  • MLS ID: X12824608
  • Office Name RE/MAX HALLMARK REALTY GROUP
Property Description

**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 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. PUBLIC PARKING IN FRONT.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12824608
  • Price: $599,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 119.58
  • Ref ID: X12824608
  • Dir / Cross St: From Highway 417 West, turn left onto Gillan Road, Turn left onto ON-60W, Destination will be on the right
  • Status: Active
  • Tax Year: 2025
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
02/26/2026 X12824608 $599,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Bonnechere Valley
  • $411,077 Average List Price
    based on 1 year
  • 3 New Listings
    based on 30 days
  • 96 Median Days on Market
    based on 1 year
  • List vs. Selling Price 23.02 % Up
  • Sold (12mo) 46
  • Rented (12mo) 1

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 56 Walk Score
    Somewhat Walkable
  • 15 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Gas Hot Water
  • Garage Type Y
  • Parking Spaces: 4
  • Taxes: $9,780
  • Last Status New
  • Original Price: $599,900
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: flexible
  • Listing Entry Date: 26/02/2026 20:58:15
  • Possession Date: 30/03/2026 00:00:00
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