2208 St Joseph Boulevard, Ottawa, Ontario K1C1E8

$4,150,000
List Price
$4,150,000
MLS®
1213268
Status
ACTIVE
Type
Commercial
Subtype
Retail
Subdivision
Orleans

Property Description

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:2579)

Additional Information

Ownership
Freehold
Subdivision
Orleans
Parking Spaces
50
Country
Canada
Frontage Length
276 ft ,6 in

Listing courtesy of ROYAL LEPAGE PERFORMANCE REALTY.

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Calculator source: Real Geeks