$4,125,000

Commercial For Sale In Tanglewood, Ottawa, Ontario

$4,125,000

Property Information:

Rarely available. An opportunity to acquire a 8,993 square foot fully leased, highly visible Retail Plaza on .78 of an acre. Strategically located next to the Crossroads Centre at Merivale and Hunt Club Road. A primary arterial road with easy access. 35,000 vehicles Daily (Source City of Ottawa). The property provides a solid Tenant base with rental escalations through 2029. Net Operating Income is projected to be in excess of $200,000 within 24 months with potential future upside to rent. No major capital costs are needed for many years. A clean phase 1 environmental report is available. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Amenities Nearby: Public Transit
  • Irregular: Yes
  • Lot Depth: 135.0 Feet
  • Lot Frontage: 251.0 Feet
  • Lot Size: Bldg=251 x 135 FT
  • Zoning: Commercial AM10 Arterial Mainstreet Zone
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 37

Courtesy of: EXP REALTY

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

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