Industrial For Sale

For Sale
31
$ 3,590,000
$512,857 / Acre
Ottawa, Ontario K0A2H0
0 Bed
0 Bath
Acre Acre
0 Room
Built Year 1970
QR Code

About this property

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:48414)

Snapshot

Property Type : Industrial
Listing Type : For Sale
Listing ID : 1264529
Price : $3590000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 7.50 Acre
Year Built : 1970
Lot Area : 0 Sqft

Features

Fireplace : False
Parking : 88
Heating Fuel : Propane

Other Information

Municipal ID : 045520117
Ownership Type : Freehold
Land Size Irregular : 7.50 Sqft
Zoning Description : vm
Business Type : Industrial
Business Sub-Type : Light industrial
Land Size Total : 7.50 Acre
Listing Provided by : RE/MAX HALLMARK REALTY GROUP
Land SizeFrontage : 0 Sqft

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