2208 St Joseph Boulevard Ottawa, Ontario K1C 1E8
$4,150,000
Rarely found Purposely built Retail Plaza for sale in Orleans prime location. This fully leased plaza is slightly over 11,000 SQ FT built in approximately 1986. AM3 zoning. Lot size:275.36 ft x 24.49 ft x 102.26 ft x 277.11 ft x 141.74 ft. Around 50 PARKING. Great Investment portfolio in your retirement plan. . All the leases are triple net. The CAM charges cover for property tax, common area utilities, waste collection, lawn care and snow removal and building insurance. Multiple tenants, Some are long term tenants. Newer roof, some newer HVAC. Pylon Signs for great exposure. CIBC will mortgage this plaza for 2.89% interest rate for 5 years term. As part of Orleans Community Improvement Plan, the city has 2 grant programs available for this property owner to enlarge, upgrade, or redevelop. Good time to invest now !! (id:37611)
Property Details
MLS® Number | 1213268 |
Property Type | Retail |
Neigbourhood | Orleans |
Parking Space Total | 50 |
Building
Constructed Date | 1986 |
Fireplace Present | No |
Land
Acreage | No |
Size Frontage | 276 Ft ,6 In |
Size Irregular | 276.54 Ft X * Ft (irregular Lot) |
Size Total Text | 276.54 Ft X * Ft (irregular Lot) |
Zoning Description | Am3 |
https://www.realtor.ca/real-estate/22449026/2208-st-joseph-boulevard-ottawa-orleans
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