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:37351)
MLS® Number | X12449971 |
Property Type | Business |
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 | 8,993 Ft2 |
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
(866) 530-7737
(647) 849-3180
www.exprealty.ca/