21,000 ft2
Fully Air Conditioned
Forced Air
$2,850,000
This commercial retail plaza presents a strong investment opportunity with stable income and a diversified tenant mix. The property generates approximately $19,000 per month in rental income totalling $228,000 annually.Annual operating expenses are approximately $40,000, resulting in a net operating income (NOI) of approximately $188,000 per year, the property offers a cap rate of approximately 6.6%.The plaza consists of multiple income-producing retail units occupied by established businesses, including an Indian restaurant, electronics store, cigarette/vape shop, hair salon, pizza shop, and a convenience store, providing consistent foot traffic and reduced vacancy risk.The property also offers approximately 30 on-site parking spaces, enhancing accessibility and tenant appeal. This is a solid opportunity for investors seeking stable cash flow with long-term potential. (id:47351)
Property Details
|
MLS® Number
|
X12728180 |
|
Property Type
|
Retail |
|
Community Name
|
1101 - Chatelaine Village |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Exterior
|
21000 Sqft |
|
Size Interior
|
21,000 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
144 M |
|
Size Frontage
|
62.17 M |
|
Size Irregular
|
Bldg=62.17 X 144 M |
|
Size Total Text
|
Bldg=62.17 X 144 M |
|
Zoning Description
|
Commercial |
https://www.realtor.ca/real-estate/29288270/8154-jeanne-darc-boulevard-ottawa-1101-chatelaine-village