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2795 St Joseph Blvd

1,988 SF Retail Building Ottawa, ON K1C 1G4 £1,458,618 (£734/SF)

Investment Highlights

  • redevelopment site up to 9 stories
  • full municipal services
  • high traffic retail corridor

Executive Summary

Your opportunity to acquire a high-traffic retail site with a stand-alone building and mid-rise zoning in place in the heart of Orleans. The lot is 18,212 sf with AM3 zoning permitting up to 30 meters of development to a maximum of nine stories. Additional uses include restaurant, retail, mixed-use, and residential to name a few. The building is 1,982 sf and is rented to an auto glass repair tenant with a lease expiring September 30, 2026. The lease is fully triple net. The building has more than 200 amp 600-volt 3-phase power with a transformer installed. Purchase this property for your personal future use or development project. The property valuation reflects the opportunity for an owner/operator, or developer and is not based on the income approach. The tenant has an option to renew the lease for two terms of five years.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,988 SF
Building Class
C
Year Built
1978
Price
£1,458,618
Price Per SF
£734
Tenancy
Single
Number of Floors
1
Slab to Slab
15 ft
Building FAR
0.11
Land Acres
0.42 AC
Zoning
AM3 - Allows for a variety of commercial and residential uses up to 30 meters (9 stories).
Parking
22 Spaces (11.1 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route
  • Pylon Sign
  • Signalised Intersection
Walk Score ®
Very Walkable (84)
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

Loblaw
No Frills
Fit4Less
Farm Boy Inc.
Tim Hortons
Thai Express
Scotiabank
Starbucks
New York Fries
Second Cup Cafe
  • Listing ID: 32073695

  • Date on Market: 09/06/2024

  • Last Updated:

  • Address: 2795 St Joseph Blvd, Ottawa, ON K1C 1G4

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