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$2,400,000
Est. payment /mo
5,952 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,952 sqft
Price per Sqft $403
Subdivision 3401 - Kingsview Park
MLS Listing ID X14083294
Annual Tax Amount $5,906
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
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.
Location
Province ON
County Ottawa
Area Ottawa
Zoning TM3
Interior
Cooling No
Exterior
Parking Features Outside/Surface
Utilities Available Available
Building
Lot Description Lot
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Lited by EXP REALTY
Nearby Locations
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