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$ 3,900,000
Est. payment | /mo
8,993 SqFt
$ 3,900,000
Est. payment | /mo
8,993 SqFt
Key Details
Property Type Commercial
Sub Type Investment
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
Annual Tax Amount $27,272
Tax Year 2025
Property Sub-Type Investment
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 is fully leased with a solid tenant base and rent escalations secured through 2029, ensuring stable long-term income.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.
Location
Province ON
County Ottawa
Community 7502 - Merivale Industrial Park
Area Ottawa
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 251.0
Lot Depth 135.0
Others
Virtual Tour https://youtu.be/ctu_bePUyYI
Listed by EXP REALTY
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