21,000 sqft
Building Area
About This Property
This retail in Ottawa offers 21,000 sqft of building area. The property has lot dimensions of Bldg=62.17 x 144 M. The home features forced air, natural gas heating, fully air conditioned.
MLS Remarks
Financing available!!!!!! This commercial retail plaza presents a strong investment opportunity with stable income and a diversified tenant mix. The property generates approximately $19,000 per month in rental income totalling $228,000 annually.Annual operating expenses are approximately $40,000, resulting in a net operating income (NOI) of approximately $188,000 per year, the property offers a cap rate of approximately 6.6%.The plaza consists of multiple income-producing retail units occupied by established businesses, including an Indian restaurant, electronics store, cigarette/vape shop, hair salon, pizza shop, and a convenience store, providing consistent foot traffic and reduced vacancy risk.The property also offers approximately 30 on-site parking spaces, enhancing accessibility and tenant appeal. This is a solid opportunity for investors seeking stable cash flow with long-term potential. (id:60351)
Property History
MLS# X12728180| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Jan 25, 2026 | Listed For Sale | X12728180 | $2,850,000 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
Overview
Property Typecommercial
Sub-Typeretail
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