2208 St Joseph Boulevard Ottawa ON Retail For Sale

Retail $4,150,000

Brokerage: ROYAL LEPAGE PERFORMANCE REALTY

Rarely found Purposely built Retail Plaza for sale in Orleans prime location. This fully leased plaza is slightly over 11,000 SQ FT built in approximately 1986. AM3 zoning. Lot size:275.36 ft x 24.49 ft x 102.26 ft x 277.11 ft x 141.74 ft. Around 50 PARKING. Great Investment portfolio in your retirement plan. . All the leases are triple net. The CAM charges cover for property tax, common area utilities, waste collection, lawn care and snow removal and building insurance. Multiple tenants, Some are long term tenants. Newer roof, some newer HVAC. Pylon Signs for great exposure. CIBC will mortgage this plaza for 2.89% interest rate for 5 years term. As part of Orleans Community Improvement Plan, the city has 2 grant programs available for this property owner to enlarge, upgrade, or redevelop. Good time to invest now !! (id:4177)


MLS® ID
1213268
Last Updated
2021-02-11 17:11:49
For Lease
$4150000.00
Address
2208 ST JOSEPH BOULEVARD Ottawa ON
Property Type
Retail
Constructed Date
1986
ProsForHome-ON
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