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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision 8209 - Goulbourn Twp From Franktown Rd/South To Rideau
MLS Listing ID X12468809
Annual Tax Amount $4,591
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Prime Investment Opportunity - Fully Leased Commercial Property on a half-acre lot (23,250 sq ft). An exceptional opportunity for the discerning investor: this fully leased property features three stable tenants generating a total gross annual rental income of $128,400. All tenants share hydro costs equally, while the landlord covers property taxes, insurance, water, landscaping, environmental services, and snow removal - streamlining management and enhancing tenant satisfaction. The front section of the lot has been recently paved, ensuring excellent curb appeal and functionality. Zoned RG3[151r], the property offers strong current cash flow with exciting future development potential, as a new residential subdivision is being constructed directly behind the site-presenting opportunities to service this growing community. Please note: storage containers located at the rear of the property are excluded from the sale.
Location
State ON
County Ottawa
Area Ottawa
Zoning RG3[151r]
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 99.91
Lot Depth 235.74
Others
Security Features No
ParcelsYN No
Listed by SUTTON GROUP - OTTAWA REALTY