
636 Mill Street
Greater Madawaska, ON
Commercial Retail • 157 days on market
Move in ready mixed-use investment in the core of Calabogie's busy four-season hub. Positioned for strong exposure and easy access, this property is well suited for investors seeking dependable income today with room to grow tomorrow. The asset includes a tenanted commercial space currently operating as the locally famous OH-EL-LA CAFE , delivering immediate cash flow. A separate retail/office area adds flexibility to secure an additional tenant or expand existing operations, creating further revenue potential which is currently leased to TOM IRWIN ADVENTURE TOURS. The property is also equipped with a covered work or storage area and a secured 40' x 20' caged area, ideal for tenants requiring secure outdoor space for equipment, materials, or vehicles. These features broaden the appeal to contractors, service businesses, and trades, supporting strong occupancy and tenant retention. Above the commercial component is a well-laid-out 3-bedroom, 1-bath residential unit with views over Calabogie. This space offers an additional income stream or the option for owner use, enhancing overall returns and providing operational flexibility. The mixed-use configuration helps diversify income sources and mitigate vacancy risk. Located within one of Eastern Ontario's most active recreational corridors, the property benefits from consistent year-round demand driven by nearby Calabogie Ski Resort, Calabogie Highlands Golf Course, Calabogie motorsports, hiking trails, and lakes. This steady traffic supports both commercial activity and residential rentals. With multiple income channels, adaptable space, and a location tied to ongoing tourism and local growth, this property represents a compelling investment opportunity with both immediate yield and long-term upside. Currently zoned Highway Commercial. Please allow 48 hours irrevocable on all offers
Listing Details
- Taxes (2025)
- $5,948
- Originally Listed
- $749,000
- Listed
- March 23, 2026
Price History
Listing history
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Property
- Age
- 31-50
- Lot Size
- 120.26 x 143.7 Feet
Utilities
- Water
- Drilled Well
Location & Legal
- Cross Street
- Mil Street
- Zoning
- HC
- Parcel Number
- 573510258
- Possession
- 30-59 days
Commercial
- Business Type
- Other
- Occupancy
- Owner+Tenant
Included
- Exclusions
- Cafe improvements/appliances belong to cafe owner
- Rental Items
- Propane Tanks
Community
Postal area K0J
- Population
- 34,322
- Private dwellings
- 19,885
- Median age
- 52.4
- Average household size
- 2.3
- Median household income
- $76,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Greater Madawaska · last 12 months
- Median sold price
- $485,000
- Homes sold
- 75
- Median days on market
- 47
- Sale-to-list price
- 94.8%
Based on 75 recorded sales of commercial properties in Greater Madawaska over the last 12 months.
Listed by
Century 21 Valley Realty Inc.
Location
Commercial figures
- Annual property tax
- $5,948
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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