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3076 Richmond Road

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$699,900

Vacant development lot on Ottawa's Richmond Road Mainstreet Corridor in the established Bayshore community. 6,415 sq ft with 101 feet of frontage, designated MS2. No demolition required. No minimum front setback below 15 metres. MS2 permits a broad range of mixed-use development with ground floor commercial and residential above. The full MS2 permitted use schedule applies at grade - medical facility, office, restaurant, retail, personal service business, day care, instructional facility, recreation and athletic facility, and many others. A 3 to 4 storey mixed-use building represents a straightforward development program on this site. Rooftop terrace potential on a 4-storey build. Ground floor NNN commercial tenancy estimated at $55,000-$65,000 annual NOI based on current Ottawa west-end mainstreet comparable leases, with residential units above. Minutes from Highway 417, Bayshore Shopping Centre, Queensway Carleton Hospital, Cedar Hill Golf Course, and OC Transpo's Richmond Road corridor. (id:50982)

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Details

Property Details
MLS® Number X13151854
Property Type Vacant Land
Neigbourhood Bayshore
Community Name 7004 - Bayshore
Amenities Near By Public Transit, Park
Features Irregular Lot Size
Building
Land
Access Type Year-round Access
Acreage No
Land Amenities Public Transit, Park
Size Depth 106 Ft ,7 In
Size Frontage 101 Ft ,4 In
Size Irregular 101.38 X 106.63 Ft ; Irregular
Size Total Text 101.38 X 106.63 Ft ; Irregular|under 1/2 Acre
Zoning Description R1ff/ms2
Utilities
Cable Available
Electricity Available
Sewer Available

Map

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