1049 Merivale Rd - Auto Repair FOR SALE


Ottawa, ON K1Z 6A9
$1,350,000 CAD
877-560-9598
1049 Merivale Rd, Ottawa, ON for Sale
$1,350,000 CAD
Auto Repair - FOR SALE
1/10
null | Request Cap Rate

1049 Merivale Rd
Ottawa, ON K1Z 6A9


HIGHLIGHTS

  • Recently updated automotive garage
  • Fantastic central Ottawa location on Merivale Road near Carling Avenue
  • The front windows have been replaced (2023)

OVERVIEW

Recently updated automotive garage for sale in a fantastic central Ottawa location on Merivale Road near Carling Avenue. The front windows have been replaced (2023). Exterior siding and interior walls have been painted (2023). The roof was replaced (2019). Two gas-forced air heaters were installed in 2020. The concrete flooring has been power-washed for the next owner. The site is 9,644 sf. Squeeze up to 16 vehicles on the lot. The building is near 3,112 sf & consists of 2 bays. Bay 1 is nearly 1,650 sf and can fit 3 cars in tandem. Bay 2 is nearly 540 SF and can fit one car. The reception area is open concept. The garage ceiling height is 16 feet clear. The compressor remains on site in the basement and is in good working order. A phase 2 environmental study was completed in the summer of 2023 and concluded that the property is within MOE standards to continue operating as an auto-garage with no further recommendations. A high traffic, central location. No VTB. Sold as-is where-is.

FOR SALE DETAILS

PRICE

$1,350,000 CAD

PRICE/SF

$434 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

TM

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mitch GauzasKeller Williams Integrity Realty – OttawaMore Info
877-560-9598

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Mitch GauzasKeller Williams Integrity Realty – OttawaMore Info
877-560-9598

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