1009-1011 Thomas Spratt Pl - Light Distribution FOR SALE


Ottawa, ON K1G 5L5- East Central
$4,900,000 CAD
613-799-7700
1009-1011 Thomas Spratt Pl, Ottawa, ON for Sale
$4,900,000 CAD
Light Distribution - FOR SALE
1/6
null | Request Cap Rate

1009-1011 Thomas Spratt Pl
Ottawa, ON K1G 5L5
East Central


HIGHLIGHTS

  • 600V / 200A electrical service
  • 5,750-square-foot addition completed in 2020
  • Excellent highway and road access
  • Prime Ottawa Business Park location
  • Four large garage bays available

OVERVIEW

Prime Commercial Investment Opportunity-1011 Thomas Spratt Place Ottawa Business Park. Excellent Accessibility & Versatility Located in the highly sought-after Ottawa Business Park, this two-story commercial property spans 12,741 square feet, including a 5,750-square-foot addition completed in 2020. It presents an exceptional opportunity for investors or owner-occupiers seeking a versatile space in a prime business hub. The property offers excellent connectivity, with close proximity to Highway 417 and major arterial roads, ensuring easy access across the city. The building is configured into four individual units, providing flexible leasing options to accommodate a range of business needs. For seamless operations, it features four large garage bays, each measuring 10 feet by 14 feet, allowing for efficient loading and access. Additionally, the property is equipped with a robust 600V / 200A electrical service to support various operational demands. With over 25 surfaced parking spaces, the site offers ample accommodation for both employees and visitors. A portion of the building is available for immediate occupancy, making it an ideal choice for businesses looking for a quick transition into a functional commercial space. Climate control is optimized with four rooftop units, three of which were installed in 2015 and one in 2020. The main roof was completed in 2015, while the addition was finalized in 2020, ensuring a well-maintained and modern structure. This property combines accessibility, adaptability, and modern features, making it a prime investment or business location in Ottawa's thriving commercial landscape.

FOR SALE DETAILS

PRICE

$4,900,000 CAD

PRICE/SF

$385 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.96

LAND SF

41,818

ZONING

IL

APN/PARCEL ID

61411650600962

ASK ABOUT THIS PROPERTY

Chris HilliardAll/Pro Real Estate LtdMore Info
613-799-7700

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Chris HilliardAll/Pro Real Estate LtdMore Info
613-799-7700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.