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$ 3,900,000
Est. payment /mo
Active
595 WEST HUNT CLUB ROAD Ottawa, ON K2G5X6
8,993 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,993 sqft
Price per Sqft $433
Subdivision 7502 - Merivale Industrial Park
MLS® Listing ID X12449971
Source Ottawa Real Estate Board
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 37
Private Pool No
Building
Sewer Sanitary sewer
Others
Virtual Tour https://youtu.be/VNM7XBAMdQo
Listed by EXP REALTY
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