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. The Seller is willing to facilitate negotiations for the Buyer to buy out and terminate the lease if vacant possession is desired. (id:48414)
| Business Type | Automobile |
| Business Sub Type | Automotive |
| MLS® Number | X11824403 |
| Property Type | Retail |
| Neigbourhood | Orléans Central |
| Community Name | 2007 - Convent Glen South |
| Parking Space Total | 22 |
| Bathroom Total | 1 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,982 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 162 Ft ,3 In |
| Size Frontage | 112 Ft ,4 In |
| Size Irregular | 112.39 X 162.26 Ft |
| Size Total Text | 112.39 X 162.26 Ft |
| Zoning Description | Am3 |
https://www.realtor.ca/real-estate/27703512/2795-st-joseph-boulevard-ottawa-2007-convent-glen-south
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