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$ 2,600,000
Est. payment | /mo
1 Bath
1,982 SqFt
$ 2,600,000
Est. payment | /mo
1 Bath
1,982 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,982 sqft
Price per Sqft $1,311
Subdivision 2007 - Convent Glen South
MLS Listing ID X11824403
Building Age 16-30
Annual Tax Amount $17,163
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Your opportunity to acquire a high-traffic retail site with a stand-alone building and mid-rise zoning in place in the heart of Orleans. The lot is 18,212 sf with AM3 zoning permitting up to 30 meters of development to a maximum of nine stories. Additional uses include restaurant, retail, mixed-use, and residential to name a few. The building is 1,982 sf and is rented to an auto glass repair tenant with a lease expiring September 30, 2026. The lease is fully triple net. The building has more than 200 amp 600-volt 3-phase power with a transformer installed. Purchase this property for your personal future use or development project. The property valuation reflects the opportunity for an owner/operator, or developer and is not based on the income approach. The tenant has an option to renew the lease for two terms of five years. The Seller is willing to facilitate negotiations for the Buyer to buy out and terminate the lease if vacant possession is desired.
Location
Province ON
County Ottawa
Community 2007 - Convent Glen South
Area Ottawa
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Depth 162.26
Others
Security Features No
Listed by KELLER WILLIAMS INTEGRITY REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "