8,331 sqft
$1,499,000
Income today, redevelopment potential tomorrow. This approx. 744 m (8,008 sq ft) site on Woodroffe Avenue is zoned MC6 Mixed-Use Centre, which permits apartment, office, medical and mixed-use development, with potential for approx. 16,000 sq ft of gross floor area (buyer to verify). The property includes an office with an attached garage, plus a former home converted into a garage office. The garage offers two bays, one equipped with a hoist, and there is a paint booth at the back of the building. Also available is the established Krown rustproofing business operating on site, with a loyal base of returning customers and approx. 50 vehicles a day during high season. Purchase the land and building for $1,499,000, or secure the land, building and Krown business together for $1,700,000 and collect income while you plan your next move. Steps from Algonquin College's Woodroffe Campus and the future Algonquin O-Train Station, in an area the City is actively planning for growth. Neighbouring properties offer potential for a larger land assembly. High traffic and outstanding exposure on a major arterial road. A rare opportunity for a builder, a long-term investor, or an operator ready to take over a trusted business. Please do not approach the business or its employees. The seller is not on site. All inquiries and showings are by appointment only through the listing agent. (id:47351)
Property Details
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MLS® Number
|
X13842000 |
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Property Type
|
Vacant Land |
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Community Name
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7301 - Meadowlands/St. Claire Gardens |
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Amenities Near By
|
Recreation, Public Transit |
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Farm Type
|
Other |
Building
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Size Interior
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8,331 Sqft |
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Utility Water
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Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
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Recreation, Public Transit |
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Size Depth
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94 Ft ,5 In |
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Size Frontage
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85 Ft |
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Size Irregular
|
85 X 94.47 Ft |
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Size Total Text
|
85 X 94.47 Ft |
|
Zoning Description
|
Mc6f(2.0)h(18.5) |
https://www.realtor.ca/real-estate/30343332/1425-woodroffe-avenue-ottawa-7301-meadowlandsst-claire-gardens