1380 Wellington St W - Auto Repair FOR SALE


Ottawa, ON K1Y 2X2- Westboro
$2,199,000 CAD
844-773-0232
1380 Wellington St W, Ottawa, ON for Sale
$2,199,000 CAD
Auto Repair - FOR SALE
1/23
null | Request Cap Rate

1380 Wellington St W
Ottawa, ON K1Y 2X2
Westboro


HIGHLIGHTS

  • Owner wants to lease back upon closing for a limited time.
  • 2 heating systems (HVAC and suspended heaters). Lot size 11,517sf that can accommodate 25-35 cars. Corner lot.
  • The zoning code allows the construction of a mixed-use up to 6 floors.

OVERVIEW

First time in 40 years, the Duss Brothers BMW Garage is on the market. This 2,512 square foot building includes 3 service bays, 3 hoists, and 3 garage doors measuring 10' x 12' each. Additionally, there is one office, and a supply room. The sale includes both business and all equipment. The building is equipped with two heating systems: an HVAC system for the office and suspended heaters for the garage. Situated on an 11,517 square foot corner lot, the property can accommodate 25-30 cars. It comes with the necessary licenses for car mechanic and car sales operations. There are also three 24-foot containers available. The sale includes garage and office equipment, with a detailed list to be determined. This is a unique location for any business, thanks to its spacious parking lot and easy access to the 417. The zoning code permits the construction of mixed-use properties up to 6 floors. A Vendor Take Back (VTB) is available for qualified buyers with attractive interest rates. The seller is open to a sale/leaseback arrangement under certain conditions. A Phase 2 environmental inspection report will be available upon the acceptance of an offer.

FOR SALE DETAILS

PRICE

$2,199,000 CAD

PRICE/SF

$875 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,517 SF

ZONING

TM11

APN/PARCEL ID

040290164

ASK ABOUT THIS PROPERTY

Pascale HamelSigna International Realty LTDMore Info
844-773-0232

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Pascale HamelSigna International Realty LTDMore Info
844-773-0232

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