Exceptional opportunity to acquire a well-positioned retail plaza in a high-traffic downtown Ottawa location. The property is anchored by five established tenants, providing stable in-place cash flow and a diversified income stream.With several lease renewals approaching, investors have the opportunity to enhance returns by bringing current rents closer to market while retaining a long-standing tenant base. The surrounding area continues to benefit from significant residential and mixed-use development, supporting future tenant demand, increased foot traffic and long-term property appreciation.Offering immediate income, meaningful rental upside and the underlying value of a strategic urban landholding, this asset is ideally suited to investors seeking both dependable cash flow and long-term growth potential. The seller may also consider providing a vendor take-back(VTB) mortgage to qualified purchasers. (id:49993)
| MLS® Number | X14083294 |
| Property Type | Retail |
| Community Name | 3401 - Kingsview Park |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 5,952 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 54 Ft |
| Size Frontage | 1620 Ft |
| Size Irregular | 1620 X 54 Ft |
| Size Total Text | 1620 X 54 Ft |
| Zoning Description | Tm3 |
https://www.realtor.ca/real-estate/30407309/75-79-montreal-road-ottawa-3401-kingsview-park
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