Prime Investment Opportunity to acquire a commercial property on .78 of an acre with high visibility at one of Ottawas busiest intersections, adjacent to Nepean Crossroads Centre and exposed to nearly 94,000 vehicles daily. The 8,993 sq. ft. building is fully leased with a solid tenant base and rent escalations secured through 2029, ensuring stable long-term income.Originally designed with the potential to expand the ground floor retail area by an additional 2,200 - 2,400 sq. ft., the property offers strong future upside. With no major capital costs anticipated for many years and a clean Phase 1 environmental report available, this is a rare opportunity to acquire a secure, high-performing investment in a premier location. (id:56482)
MLS® Number | X12449971 |
Property Type | Business |
Community Name | 7502 - Merivale Industrial Park |
Amenities Near By | Public Transit |
Parking Space Total | 37 |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Exterior | 8993 Sqft |
Size Interior | 8993 Sqft |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Public Transit |
Sewer | Sanitary Sewer |
Size Depth | 135 Ft |
Size Frontage | 251 Ft |
Size Irregular | Bldg=251 X 135 Ft |
Size Total Text | Bldg=251 X 135 Ft |
Zoning Description | Commercial Am10 Arterial Mainstreet Zone |
Contact us for more information
David Nehme
Salesperson
(866) 530-7737
(647) 849-3180
www.exprealty.ca/