2795 St Joseph Blvd - Freestanding FOR SALE


Ottawa, ON K1C 1G4
$2,600,000 CAD
877-621-3133
2795 St Joseph Blvd, Ottawa, ON for Sale
$2,600,000 CAD
Freestanding - FOR SALE
1/13
null | Request Cap Rate

2795 St Joseph Blvd
Ottawa, ON K1C 1G4


HIGHLIGHTS

  • redevelopment site up to 9 stories
  • high traffic retail corridor
  • full municipal services

OVERVIEW

Your opportunity to acquire a high-traffic retail site with a stand-alone building and mid-rise zoning in place in the heart of Orleans. The lot is 18,212 sf with AM3 zoning permitting up to 30 meters of development to a maximum of nine stories. Additional uses include restaurant, retail, mixed-use, and residential to name a few. The building is 1,982 sf and is rented to an auto glass repair tenant with a lease expiring September 30, 2026. The lease is fully triple net. The building has more than 200 amp 600-volt 3-phase power with a transformer installed. Purchase this property for your personal future use or development project. The property valuation reflects the opportunity for an owner/operator, or developer and is not based on the income approach. The tenant has an option to renew the lease for two terms of five years.

FOR SALE DETAILS

PRICE

$2,600,000 CAD

PRICE/SF

$1,308 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

AM3

APN/PARCEL ID

061460008502800

ASK ABOUT THIS PROPERTY

Mitch GauzasKeller Williams Integrity Realty – OttawaMore Info
877-621-3133

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Mitch GauzasKeller Williams Integrity Realty – OttawaMore Info
877-621-3133

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