1982 sqft
$2,600,000
Your opportunity to acquire a high-traffic retail site with a stand-alone building and mid-rise zoning in place in the heart of Orleans. The lot is 18,212 sf with AM3 zoning permitting up to 30 meters of development to a maximum of nine stories. Additional uses include restaurant, retail, mixed-use, and residential to name a few. The building is 1,982 sf and is rented to an auto glass repair tenant with a lease expiring September 30, 2026. The lease is fully triple net. The building has more than 200 amp 600-volt 3-phase power with a transformer installed. Purchase this property for your personal future use or development project. The property valuation reflects the opportunity for an owner/operator, or developer and is not based on the income approach. The tenant has an option to renew the lease for two terms of five years. (id:49712)
Property Details
MLS® Number
|
1396649 |
Property Type
|
Retail |
Neigbourhood
|
Convent Glen South |
Community Name
|
Gloucester |
ParkingSpaceTotal
|
22 |
Building
ConstructedDate
|
1978 |
SizeInterior
|
1982 Sqft |
UtilityPower
|
Three Phase |
Land
Acreage
|
No |
SizeDepth
|
162 Ft ,3 In |
SizeFrontage
|
112 Ft ,5 In |
SizeIrregular
|
112.39 Ft X 162.26 Ft |
SizeTotalText
|
112.39 Ft X 162.26 Ft |
ZoningDescription
|
Am3 |
https://www.realtor.ca/real-estate/27013576/2795-st-joseph-boulevard-ottawa-convent-glen-south