Mirna Botros

613-600-2626

623 655 Laurier St Street - $1,995,000

623 655 Laurier St Street

$1,995,000

606 - Town of Rockland

Clarence Rockland, OntarioK4K1E7

0 beds

0 baths

null parking

MLS#: X14120654Listed: about 9 hours agoUpdated:about 9 hours ago

Description

An exciting investment and development opportunity in the heart of Rockland! Offered together, 623-655 Laurier Street comprises two neighbouring properties with approximately 20,000 sq. ft. of combined land, featuring a tenanted commercial restaurant building and a two-unit residential property. The restaurant generates $54,000 in annual rental income, with approximately three years remaining on its current lease, while the two-bedroom apartments generate a combined $1,850 per month. With existing income in place, investors have the opportunity to hold the properties while exploring their future plans. Located in growing Clarence-Rockland, which experienced 8.1% population growth between 2016 and 2021, the properties benefit from proximity to local amenities, Dutrisac Park, the Ottawa River, and Highway 174 with convenient access to Ottawa and Orléans. Whether you're looking to maintain the existing uses, reposition the buildings, or explore future infill or mixed-use development potential, this versatile offering presents an opportunity worth investigating. The properties are held under separate titles and have different zoning designations. Contact the listing broker to learn more and discuss the possibilities, subject to municipal approvals and buyer due diligence. (id:58075)

Details

Details for 623 655 Laurier St Street, Clarence Rockland, Ontario

Property Type: Retail
Building Type: -
Storeys: -
Neighborhood: 606 - Town of Rockland
Land Size: 16590.5 x 126.37 FT
Year Built: -
Annual Property Taxes: $6,500
Parking Type: -

Inside

Appliances: -
Rooms: -
Bedrooms: -
Bathrooms: 0
Fireplace: -
Fireplace Total: -
Basement: -

Building

Architecture Style: -
Direction: Cross Streets: Caron Street and Laurier Street. ** Directions: Take Hwy 174 E to Rockland continue on Regional Rd 174 continue on County Rd 17 turn right on Caron St turn left on Laurier St. The property will be on the right.
Type of Dwelling: -
Roof: -
Exterior: -
Foundation: -
Flooring: -