21,859 ft²Retail$8,200,000Sale
21,859 ft²
Retail
$8,200,000
Sale
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Amazing opportunity to invest in a recently renovated large retail building in Ottawa's Clyde & Baseline area. The property is located in a busy retail node with 40,169 cards passing daily and 83,000 people living within a 3 km radius. It is in close proximity to major retailers such as Walmart Supercentre, Loblaws, and other national chains. Approx. 100 feet of frontage along Clyde Avenue close to two major intersections. The property enjoys high exposure making it an ideal retail investment for any user or investor seeking long-term stable cash flow. Currently leased to long-term stable tenant Motor Sports World, this property will allow the Buyer to enjoy dependable income with potential for future redevelopment. Situated on nearly an acre of land with zoning that supports a variety of uses including retail, office, institutional and residential.
The Space
Asking Price$8,200,000
Available Space21,859 ft²
Net Operating Income$524616
Property UseRetail
ZoningAM10 [2616]
Frontage100'0"
Bay Doors2
Year Built1980
Ceiling Height18'0"
Parking Spaces36
Year Renovated2017
Mezzanine Portion1,603 ft²
SourceDirect
Bus Line
Mezzanine
Parking
The Building
Prime retail property located in busy retail node. Leased to long-term stable tenant. On-site parking and bus stops nearby.
Property TypeRetail
Floors1
Building Size21,859 ft²
Lot Size32,844 ft²
ZoningAM10 [2616]
Bay Doors2
Year Built1980
Clear Height18'0"
Parking Spaces36
Year Renovated2017
Up to $500K for Ontario businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.