2795 St Joseph Boulevard Ottawa, Ontario K1C 1G4

$2,600,000

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. The Seller is willing to facilitate negotiations for the Buyer to buy out and terminate the lease if vacant possession is desired. (id:43934)

Business

BusinessType	Automobile
BusinessSubType	Automotive

Property Details

MLS® Number	X11824403
Property Type	Retail
Community Name	2007 - Convent Glen South
ParkingSpaceTotal	22

Building

BathroomTotal	1
CoolingType	Fully Air Conditioned
HeatingFuel	Natural Gas
HeatingType	Forced Air
SizeInterior	1982 Sqft
UtilityWater	Municipal Water

Land

Acreage	No
SizeDepth	162 Ft ,3 In
SizeFrontage	112 Ft ,4 In
SizeIrregular	112.39 X 162.26 Ft
SizeTotalText	112.39 X 162.26 Ft
ZoningDescription	Am3

https://www.realtor.ca/real-estate/27703512/2795-st-joseph-boulevard-ottawa-2007-convent-glen-south