27 FIRST Street E, Cornwall

$874,900
27 FIRST Street E

$874,900

New
10d
Commercial Retail

27 FIRST Street E, Cornwall

Total Monthly Obligation $6,174

Beds
0
Baths
4
Park
0
DOM
10d
Property Type-Commercial Retail
MLS® Number-X14030404
Beds-0
Bathrooms-4
Lot Size-64.3 × 108.75 ft
Listed on site-Oct 13, 2026
Building Type-Commercial Retail
Taxes-$27,243 (2026)
Parking-None
Heating-Electric Forced Air
Brokerage-CENTURY 21 SHIELD REALTY LTD.
Cooling-Yes
Fireplace-No
Pool-None
Possession-TBD
Neighbourhood-717 - Cornwall
Title-Commercial

No agent assigned

What if one of Downtown Cornwall's most recognizable buildings became its next great business destination? Welcome to 27 First Street East, home to Kastner's for more than 70 years and now ready for an entirely new chapter. With over 11,000 square feet of space, including approximately 7,000 square feet of retail area, this is an opportunity to think beyond a single storefront. Imagine transforming the building into professional suites for law firms, accountants, financial advisors, insurance brokers or other businesses looking for a prominent downtown address. Picture a welcoming café or restaurant at street level, boutique retail along the frontage, and professional offices bringing activity throughout the day. Perhaps it's a shared business centre with private offices and meeting rooms, a wellness destination bringing complementary services together, or a combination of retail, hospitality and workspace. One building. Multiple businesses. A whole new reason for people to visit downtown. With CBD zoning and a substantial footprint, investors and entrepreneurs have the opportunity to explore a variety of commercial concepts, along with potential residential or mixed use redevelopment. Located among downtown Cornwall's established shops, restaurants and professional services, this property offers the space and location to create something truly special. Kastner's has been part of Cornwall's story since 1953. Generations have walked through these doors, and now someone new has the chance to make their mark. Whether you're looking to establish your own business, create space for multiple tenants or bring an entirely new concept to life, the opportunity is yours to shape. The building has a history. **The future is wide open.** Buyers to verify measurements, permitted uses, division potential and redevelopment requirements with the City of Cornwall.

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Closing Costs

Mortgage Amount
$699,920
Land Transfer Taxes$13,973
Legal Fees (Est.)
$
Total cash required for closing$190,453

Total Monthly Obligation

$6,174/mo
Mortgage $3,529
Monthly Loss $5,246
Principal$929
Interest$2,600
Property Tax$2,270
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 27 FIRST Street E

Time

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