595 WEST HUNT CLUB ROAD , Ottawa Ontario K2G5X6

Sale $3,900,000  | 
Listing # X12449971
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Listing courtesy of: 

EXP REALTY  |  Phone: (613) 797-1258

For more information, please contact:
André Major

André Major

Broker

Phone: 613-262-0606

http://andremajor.com

EXP Realty of Canada Inc., Brokerage (Independently owned and operated)

Brokerage

11th Floor - 343 Preston ST
Ottawa,  ON K1S 1N4

Remarks:

Prime Investment Opportunity to acquire a commercial property on .78 of an acre with high visibility at one of Ottawas busiest intersections, adjacent to Nepean Crossroads Centre and exposed to nearly 94,000 vehicles daily. The 8,993 sq. ft. building including Bell Canada, Massage Addict, Safety House and Smoke Fx is fully leased. A solid tenant base with rent escalations ensuring stable long-term income. Neighboring tenants include Canadian Tire, Rona, Dollarama, Mark's, The Brick, LCBO, Structube,Costco and more. Net Operating Income $195,000 (2024). Current market rents below market position property for strong future upside. Originally designed with the potential to expand the ground floor retail area by an additional 2,200 - 2,400 sq. ft., the property offers strong future upside. With no major capital costs anticipated for many years and a clean Phase 1 environmental report available, this is a rare opportunity to acquire a secure, high-performing investment in a premier location. (id:7526)

Commercial

Neighbourhood: 7502 - Merivale Industrial Park
Lot Frontage: 251.0 Feet
Lot Depth: 135.0 Feet
Lot Size: Bldg=251 x 135 FT
No. of Parking Spaces: 37
Zoning: Commercial AM10 Arterial Mainstreet Zone

Property Features:

Amenities Nearby: Public Transit
Property Type: Business
Sewer: Sanitary sewer

Building Features:

Cooling Type: Fully air conditioned
Heating Fuel: Natural gas
Heating Type: Forced air