432.5 Preston St 3,394 SF 100% Leased Retail Building Ottawa, ON K1S 4N4 £1,820,071 (£536.26/SF)
INVESTMENT HIGHLIGHTS
- Residential Rent: $2,600 per month ($31,200 per year) + Commercial Rent: $1,950 per month ($23,400 per year)
- Little Italy and the Preston Street corridor is Ottawa’s most exciting neighborhood
- The Property has a common parking area at the rear of the site for use by the tenants and customers
EXECUTIVE SUMMARY
The Property is currently improved with two (2) buildings, operating as three (3) residential apartments and a commercial retail store. The Property has a common parking area at the rear of the site for use by the tenants and customers of the Property accessible using a shared laneway.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,394 SF
Year Built
1960
Price
£1,820,071
Price Per SF
£536.26
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Zoning
TM[86] - Traditional Mainstreet Zone
Frontage
26 ft on Preston St
AMENITIES
- Bus Route
- Signage
- Signalised Junction
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (100)
NEARBY MAJOR RETAILERS
