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$998,000

Investment

118 Wellington Street W, Merrickville-Wolford, ON K0G 1N0804 - Merrickville

Listing Overview

MLS ID:X12840834
Status:New
Type:Commercial / Investment
Taxes:$4,834 / yr (2025)
Days on Market:35
Listed:2026-03-03
Last Updated:Mar 3, 2026
Cross Street:St. Lawrence / Wellington St.
Data Source:PROPTX

Interior

Utilities

Heat Type:Gas Forced Air Closed

Outdoor / Lot

Lot Size:× 100ft

Parking

Garage Type:Other
Parking Spaces:4

Description

Building and Business Included in the Sale! Are you looking for a turnkey business opportunity with six-figure potential while working part-time? This exceptional offering includes a completely renovated building and a unique business with significant growth prospects. Over the last five years, the business has seen a 92% increase in net income, with substantial room for further expansion. You can learn more about the current operation by visiting "The Joy of Olives" website. As high-quality olive oil remains a kitchen staple with extraordinary health and flavor benefits, demand for this product continues to rise. The property features ground-floor commercial space and a renovated two-bedroom upstairs apartment, perfect for additional rental income or a live-work setup. The building has undergone extensive renovations, including new stucco, insulation, windows, decks, and HVAC. Situated on a 49' x 103' lot with C1 Zoning, the site offers various expansion options under the Merrickville zoning bylaws. Located in one of Eastern Ontario's premier tourist destinations along the historic Rideau Waterway (a UNESCO World Heritage Site), the property benefits from high foot traffic and ample parking. Whether you choose to operate the existing profitable business, bring your own concept to this location, or expand the site with an additional building, the opportunities are endless. Business can be purchased separately.

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