1151 OGILVIE RD Active

Cyrville - Carson Grove - Pineview,ON K1J 7P6

$ 5250000

- Bed

- Bath

6190 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,190 sqft

Price per Sqft $848

MLS Listing ID X9443292

Annual Tax Amount $39,415

Tax Year 2023

Property Description

Presenting an exceptional opportunity for investors seeking a stable, triple-net leased property with immense re-development potential. Situated in Ottawa East, with close proximity to the Cyrville Light Rail Transit (LRT) station, a major growth catalyst for the area, ensuring increased foot traffic and potential for development. The proximity to LRT has also resulted in City of Ottawa's Official Plan designating this site for high-density residential. Currently occupied by a single restaurant tenant, this property offers hands-off ownership and predictable cash flow. With a generous lot size of 29,579 sq. ft. and a 6,190 sq. ft. building, this property offers flexibility and growth opportunities.

Location

Province ON

County Ottawa

Zoning LC Local Commercial

Interior

Cooling Unknown

Exterior

Utilities Available Unknown

Roof Type Unknown

Parking Type Unknown

Others

Security Features Unknown

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