Mirna Botros

613-600-2626

595 West Hunt Club Road - $3,900,000

595 West Hunt Club Road

$3,900,000

7502 - Merivale Industrial Park

Ottawa, OntarioK2G5X6

0 beds

0 baths

37 parking

MLS#: X12449971Listed: about 1 month agoUpdated:1 day ago

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. Neighbouring tenants include Canadian Tire, Rona, Dollarama, Mark's, The Brick, LCBO, Structube 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:58075)

Details

Details for 595 West Hunt Club Road, Ottawa, Ontario

Property Type: Business
Building Type: -
Storeys: -
Neighborhood: 7502 - Merivale Industrial Park
Land Size: Bldg=251 x 135 FT
Year Built: -
Annual Property Taxes: $27,273
Parking Type: -

Inside

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

Building

Architecture Style: -
Direction: Cross Streets: Merivale Road. ** Directions: South on Merivale to West Hunt Club, Turn Right on West Hunt Club, Turn Right Into Plaza.
Type of Dwelling: -
Roof: -
Exterior: -
Foundation: -
Flooring: -