5,952 sqft
None
Forced Air
$2,400,000
Exceptional opportunity to acquire a well-positioned retail plaza in a high-traffic downtown Ottawa location. The property is anchored by five established tenants, providing stable in-place cash flow and a diversified income stream.With several lease renewals approaching, investors have the opportunity to enhance returns by bringing current rents closer to market while retaining a long-standing tenant base. The surrounding area continues to benefit from significant residential and mixed-use development, supporting future tenant demand, increased foot traffic and long-term property appreciation.Offering immediate income, meaningful rental upside and the underlying value of a strategic urban landholding, this asset is ideally suited to investors seeking both dependable cash flow and long-term growth potential. The seller may also consider providing a vendor take-back(VTB) mortgage to qualified purchasers. (id:37553)
Property Details
|
MLS® Number
|
X14083294 |
|
Property Type
|
Retail |
|
Community Name
|
3401 - Kingsview Park |
Building
|
Cooling Type
|
None |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
5,952 Sqft |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
54 Ft |
|
Size Frontage
|
1620 Ft |
|
Size Irregular
|
1620 X 54 Ft |
|
Size Total Text
|
1620 X 54 Ft |
|
Zoning Description
|
Tm3 |
https://www.realtor.ca/real-estate/30407309/75-79-montreal-road-ottawa-3401-kingsview-park