1151 OGILVIE ROAD, Ottawa, Ontario, K1J 7P6

$5,250,000

MLS® # 1401621

Commercial For Sale In Cummings, Ottawa, Ontario

$5,250,000

Property Information:

Presenting an exceptional opportunity for investors seeking a stable, triple-net leased property with immense re-development potential. Situated in Ottawa East, with close proximity to the Cyrville Light Rail Transit (LRT) station, a major growth catalyst for the area, ensuring increased foot traffic and potential for development. The proximity to LRT has also resulted in City of Ottawa's Official Plan designating this site for high-density residential. Currently occupied by a single restaurant tenant, this property offers hands-off ownership and predictable cash flow. With a generous lot size of 29,579 sq. ft. and a 6,190 sq. ft. building, this property offers flexibility and growth opportunities. (id:27)

Property Features:

  • OwnershipType: Freehold
  • Property Type: Retail
  • Built in: 1990
  • Lot Depth: 257.0 Feet
  • Lot Frontage: 93.0 Feet
  • Zoning: LC Local Commercial
  • No. of Parking Spaces: 53

Courtesy of: CAPITAL COMMERCIAL INVESTMENT CORP.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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