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Home ON United Counties of Leeds and Grenville North Grenville
506 RIDEAU STREET
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506 RIDEAU STREET $1,499,900
$1,499,900
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506 RIDEAU STREET
North Grenville, Ontario K0G1J0

MLS® Number: X12472763

Listing Description

Prime investment opportunity in the heart of Kemptville, a growing Eastern Ontario community. This well-established card-kiosk-operated laundromat features 23 modern washers and 18 natural gas dryers; all professionally maintained bi-monthly since 2017 - plus wash & fold service and a dry cleaner drop-off/pick-up, providing multiple revenue streams. Built in 2001, the property also includes three residential rental units on the second floor, offering additional stable income. Located in a high-visibility, central location with ample parking and strong foot traffic, this turnkey business is ideal for an owner-operator or investor seeking consistent returns. Kemptville's expanding population and vibrant community make this a rare opportunity to secure a proven, income-producing property in a thriving market. (41484926)

Location Description

Cross Streets: Queen St. ** Directions: From HWY 416, turn west on CTY RD 43, follow to the roundabout at Rideau St. Turn south . SP on right side.

Property Summary

Property Type
Business
Community Name
801 - Kemptville
Land Size
Bldg=59.5 x 157.39 FT
Age Of Building
16 to 30 years
Annual Property Taxes
$8,805
Total Parking Spaces
10
Time on REALTOR.ca
59 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Name
SPIN CYCLE EXPRESS
Business Type
Service (Miscellaneous services)
Neighbourhood Features
Amenities Nearby
Public Transit, Recreation
Parking
Total Parking Spaces
10

Land

Lot Features
Frontage
59 ft ,6 in
Land Depth
157 ft ,4 in
Other Property Information
Zoning Description
COM 1
Data provided by: Ottawa Real Estate Board
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S. Geraldine Taylor