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75-79 Montreal Road

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  • 5,952 sqft
  • None
  • Forced Air

$2,400,000

Exceptional opportunity to acquire a well-positioned retail plaza in a high-traffic downtown Ottawa location. The property is anchored by five established tenants, providing stable in-place cash flow and a diversified income stream.With several lease renewals approaching, investors have the opportunity to enhance returns by bringing current rents closer to market while retaining a long-standing tenant base. The surrounding area continues to benefit from significant residential and mixed-use development, supporting future tenant demand, increased foot traffic and long-term property appreciation.Offering immediate income, meaningful rental upside and the underlying value of a strategic urban landholding, this asset is ideally suited to investors seeking both dependable cash flow and long-term growth potential. The seller may also consider providing a vendor take-back(VTB) mortgage to qualified purchasers. (id:66888)

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Details

Property Details
MLS® Number X14083294
Property Type Retail
Community Name 3401 - Kingsview Park
Building
Cooling Type None
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 5,952 Sqft
Utility Water Municipal Water
Land
Acreage No
Size Depth 54 Ft
Size Frontage 1620 Ft
Size Irregular 1620 X 54 Ft
Size Total Text 1620 X 54 Ft
Zoning Description Tm3

Map

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