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:56069)
| MLS® Number | X11887796 |
| Property Type | Business |
| Neigbourhood | Knoxdale-Merivale |
| Community Name | 7502 - Merivale Industrial Park |
| AmenitiesNearBy | Public Transit |
| ParkingSpaceTotal | 37 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 8993 Sqft |
| SizeInterior | 8993 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 135 Ft |
| SizeFrontage | 251 Ft |
| SizeIrregular | Bldg=251 X 135 Ft |
| SizeTotalText | Bldg=251 X 135 Ft |
| ZoningDescription | Commercial Am10 Arterial Mainstreet Zone |
Contact us for more information
David Nehme
Salesperson
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