$3,850,000
Available - For Sale
Listing ID: X12599900
411 MCARTHUR Avenue , Vanier and Kingsview Park, K1K 1G7, Ottawa
| Excellent Investment Opportunity in a High-Traffic Plaza! Discover a well-established 6 store plaza located in one of Ottawa's busiest and most visible location on McArthur Avenue. This great plaza generates an impressive gross income of $256,000 +HST , offering strong and consistent returns for the owner. This great property has a cap rate of approx. 5.0! Surrounded by many popular neighboring businesses like Toyota and Lexus dealer, the location benefits from continuous foot traffic, great exposure, and a loyal customer base. Whether you're an investor or an owner-operator, this is a rare chance to take over a thriving business in a vibrant commercial area with plenty of growth potential. Financials provided only after an NDA signed. Don't miss out on this solid, turnkey opportunity! Call today! |
| Price | $3,850,000 |
| Taxes: | $34183.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 411 MCARTHUR Avenue , Vanier and Kingsview Park, K1K 1G7, Ottawa |
| Postal Code: | K1K 1G7 |
| Province/State: | Ottawa |
| Legal Description: | PT LT 7, CON JG, BEING PART 2, 5R3663 & |
| Directions/Cross Streets: | Corner of McArthur and Church St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Retail |
| Use: | Other |
| Building Percentage: | T |
| Total Area: | 6506.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Net Income Before Debt: | $224500 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 0 |
| Clear Height Feet: | 12 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| POWER MARKETING REAL ESTATE INC. |
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Ali Shahpazir
Sales Representative
Dir:
416-473-8225
Bus:
416-473-8225
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Ottawa |
| Municipality: | Vanier and Kingsview Park |
| Neighbourhood: | 3404 - Vanier |
| Tax: | $34,183 |
| Fireplace: | N |
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