118 Wellington Street

ActiveMerrickville-Wolford156 days on marketMLS® X12840828
$998,000
$640 / sq ft
Bedrooms0
Bathrooms0
Interior1,560 sq ft
TypeCommercial
ListingFor Sale
Days on Market156

About this property

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.

Features & finishes

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Air Conditioning
Basement

Property details

MLS® NumberX12840828
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size1,560 sq ft
Beds / Baths0 bed · 0 bath
CityMerrickville-Wolford
Postal CodeK0G 1N0
ProvinceON
Listed DateMarch 3, 2026
Days on Market156
Price per Sq Ft$640
BrokerageRIGHT AT HOME REALTY

Location

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