Prime Investment Opportunity - Fully Leased Commercial Property on a half-acre lot (23,250 sq ft). An exceptional opportunity for the discerning investor: this fully leased property features three stable tenants generating a total gross annual rental income of $128,400. All tenants share hydro costs equally, while the landlord covers property taxes, insurance, water, landscaping, environmental services, and snow removal - streamlining management and enhancing tenant satisfaction. The front section of the lot has been recently paved, ensuring excellent curb appeal and functionality. Zoned RG3[151r], the property offers strong current cash flow with exciting future development potential, as a new residential subdivision is being constructed directly behind the site-presenting opportunities to service this growing community. Please note: storage containers located at the rear of the property are excluded from the sale. (id:13843)
| MLS # | X13849744 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 20 |
| Listing Provided By | SUTTON GROUP - OTTAWA REALTY | Colin Zappia |
| SQ Feet | 5,760 |
|---|---|
| Zoning | RG3[151r] |
| Cooling | Fully air conditioned |
|---|---|
| Fireplace Yes / No | No |
| Parking Features | Other |
|---|
| Water Source | Drilled Well |
|---|
| Tax Annual Amount | 4591.68 |
|---|
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K0A2Z0 |
| Listing VS Median (in K0A2Z0) | |
Price: $1,499,900 low | high Med: $599,900 sqft: 5,760 low | high Med: 900 $ / sqft: $260 low | high Med: $701 On site: 20 low | high Med: 14.5 | |
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K0A2Z0 |
| Listing VS Median (in K0A2Z0) | |
Price: $1,499,900 low | high Med: $599,900 sqft: 5,760 low | high Med: 900 $ / sqft: $260 low | high Med: $701 On site: 20 low | high Med: 14.5 | |