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261-265 St Patrick St

2,604 SF 100% Leased Retail Building Ottawa, ON K1N 5K4 £781,106 (£300/SF)

Investment Highlights

  • Triple net leases for commercial units - both businesses on long term leases
  • R4UD zoning allows for many permitted uses in a highly sought-after area.
  • Residential unit pays all their own utilities.

Executive Summary

Incredible opportunity to take over ownership of a very high performing property with 2 leased retail/office/commercial spaces with exposure to thousands of daily commuters, along with one large 2 bedroom apartment above. Triple net leases for commercial units - both businesses on long term leases - makes for a solid investment. Residential unit pays all their own utilities. R4UD zoning allows for many permitted uses in a highly sought-after area. Pride of ownership is evident throughout this extremely well kept and managed building. Close to all amenities, the bustling nightlife of the market, fine dining, university of Ottawa, foreign affairs and parliament hill. A walker and cyclist's paradise.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,604 SF
Year Built
1955
Price
£781,106
Price Per SF
£300
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
14 ft
Zoning
R4UD
Frontage
47 ft on St Patrick St

Amenities

  • Bus Route
  • Signage
  • Signalised Intersection
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (87)
Bike Score ®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Anytime Fitness
Starbucks
The Keg Steakhouse + Bar
Dunn's
Tim Hortons
Second Cup Cafe
RBC Royal Bank
Sugar Marmalade
Cora
CIBC
  • Listing ID: 32553859

  • Date on Market: 23/07/2024

  • Last Updated:

  • Address: 261-265 St Patrick St, Ottawa, ON K1N 5K4

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