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842 Clyde Ave 2,764 sq ft Retail Property Ottawa, ON K1Z 5A2 £1,439,794 (£520.91/sq ft)



INVESTMENT HIGHLIGHTS
- Corner lot with excellent road exposure, easy access to the Trans Canada Highway
- Business available for sale with the building
- Nearby frequent public transit routes
- Opportunity for redevelopment
EXECUTIVE SUMMARY
Lucrative 30+ YEAR AUTO GARAGE BUSINESS + PRIME LOCATION. Great VISIBILITY with the garage situated on a BUSY CORNER LOT. Completely TURNKEY with a loyal clientele base already established and an extensive list of owned assets including a 3000 SQ FT building with public waiting space, office , garage with 3 bays and 3 lifts. Call for a complete list of inclusions. Current BUSINESS LICENSES included for a PUBLIC GARAGE with the ability to carry out AUTOMOBILE SALES, LEASE OR RENTAL, AUTOMOTIVE REPAIR/ BODY SHOP. The CENTRAL LOCATION is very convenient for clients, is mere steps from the Carling Avenue retail corridor, is bustling with pedestrian and vehicle traffic. The area also has plenty of re-developed properties adding to the location desirability. Directly across the street, there is an approved site plan for 1,745 residential units and the former Canadian Tire has been re-furbished and is now 'Altea', Ottawa's Premier Wellness & Social Club, which is the largest fitness and wellness facility in Ottawa. The neighborhood also offers numerous amenities such as a comprehensive transit network, restaurants, shopping centers and the Ottawa Civic Hospital. FINANCIALS with NDA.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Property Size
2,764 sq ft
Costar Property Class
C
Year Built
1956
Price
£1,439,794
Price per sq ft
£520.91
Tenancy
Single
Number of Floors
1
Plot ratio
0.37
Total Plot Size
0.17 ac
Use Class
IG3 - Industrial
Parking
5 Spaces (1.81 Spaces per 1,000 sq ft Leased)
Frontage
204 ft on Doheny Street
AMENITIES
- Corner Lot
- Security System
- Signage
- Accent Lighting
Walk Score®
Excellent pedestrian access (90)
Bike Score®
Good for cycling (76)
NEARBY MAJOR RETAILERS
1 of 4
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842 Clyde Ave
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