$2,600,000 | Available For Sale - Orleans - Convent Glen and Area, Ontario

$2,600,000

Available - For Sale

Listing ID: X11824403

Orleans - Convent Glen and Area, Ontario

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.

Price	$2,600,000
Taxes:	$17163.00
Tax Type:	Annual
Occupancy by:	Tenant
Province/State:	Ontario
Lot Size:	112.39 x 162.26 (Feet)
Directions/Cross Streets:	East/West

Category:	Retail
Use:	Automotive Related
Building Percentage:	Y
Total Area:	1982.00
Total Area Code:	Sq Ft
Retail Area:	1982
Retail Area Code:	Sq Ft
Approximatly Age:	16-30

Financial Statement:	N
Chattels:	N
Franchise:	N
Taxes Expense:	$17163
Other Expenses:	$3600
Gross Income/Sales:	$74277
Net Income Before Debt:	$53514
Expenses Actual/Estimated:	$Est

Sprinklers:	N
Washrooms:	1
Clear Height Feet:	12
Volts:	600
Heat Type:	Gas Forced Air Closd
Central Air Conditioning:	Y
Water:	Municipal

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

KELLER WILLIAMS INTEGRITY REALTY

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RAJ SHARMA

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At a Glance:

Type:	Com - Commercial/Retail
Area:	Ottawa
Municipality:	Orleans - Convent Glen and Area
Neighbourhood:	2007 - Convent Glen South
Style:
Lot Size:	112.39 x 162.26(Feet)
Approximate Age:	16-30
Tax:	$17,163
Maintenance Fee:	$0
Beds:
Baths:	1
Garage:	0
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