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$ 3,590,000
Est. payment | /mo
750 SqFt
$ 3,590,000
Est. payment | /mo
750 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 750 sqft
Price per Sqft $4,786
Subdivision Kinburn
MLS® Listing ID 1412258
Originating Board Ottawa Real Estate Board
Year Built 1970
Lot Size 7.500 Acres
Acres 326700.0
Property Description
RESESSION PROOF, INFLATION PROOF: develop the excess land and increase revenues. This building is totally leased with a variety of tenants including outdoor storage units. Regardless of the economy this property will continue to produce income. This well-maintained single-story building in Kinburn/ Ottawa, 30 minutes Parliament Hill and 15 minutes from Arnprior, has 28,900 sq. ft. of light industrial, manufacturing and office space with a large, paved parking lot. It is built on 7.9 acres of land (3 acres is considered excess land) and boasts a fiber optic system throughout the building. Develop the excess land and increase revenues. The owner will consider staying on as well as possibly retaining equity in the project. “Please refer to Information Sheets attached. Presently has a 6.3%cap rate. (id:24570)
Location
Province ON
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 88
Private Pool No
Others
Ownership Freehold
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Andy Katoch
Agent | License ID: LDKATOCAN