10
See all 10 photos
$4,125,000
Est. payment /mo
8,993 SqFt
Active
595 West Hunt Club RD Ottawa, ON K2G 5X6
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UPDATED:
01/13/2025 05:33 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 8,993 sqft
Price per Sqft $458
MLS Listing ID X11887796
Annual Tax Amount $26,853
Tax Year 2024
Property Description
Rarely available. An opportunity to acquire a 8,993 square foot fully leased, highly visible Retail Plaza on .78 of an acre. Strategically located next to the Crossroads Centre at Merivale and Hunt Club Road. A primary arterial road with easy access. 35,000 vehicles Daily (Source City of Ottawa). The property provides a solid Tenant base with rental escalations through 2029. Net Operating Income is projected to be in excess of $200,000 within 24 months with potential future upside to rent. The Original Building Plans were designed with the possibility of a future expansion of the ground floor retail space by approximately 2200 -2400 square feet. No major capital costs are needed for many years. A clean phase 1 environmental report is available.
Location
Province ON
County Ottawa
Community 7502 - Merivale Industrial Park
Area Ottawa
Zoning Commercial AM10 Arterial Mainstreet Zone
Region 7502 - Merivale Industrial Park
City Region 7502 - Merivale Industrial Park
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Yes
Lot Frontage 251.0
Lot Depth 135.0
Listed by EXP REALTY
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