Prime Investment Opportunity to acquire a Commercial Retail strip mall plaza on .78 of an acre with high visibility at one of Ottawas busiest intersections, adjacent to Nepean Crossroads Centre and exposed to nearly 94,000 vehicles daily. The 8,993 sq. ft. building including Bell Canada, Massage Addict, Safety House and Smoke Fx is fully leased. A solid tenant base with rent escalations ensuring stable long-term income. Neighboring tenants include Canadian Tire, Rona, Dollarama, Mark's, The Brick, LCBO, Structube,Costco and more. Net Operating Income $176,488 (2025). Current market rents below market position property for strong future upside. Originally designed with the potential to expand the ground floor retail area by an additional 2,200 - 2,400 sq. ft., the property offers strong future upside. With no major capital costs anticipated for many years and a clean Phase 1 environmental report available, this is a rare opportunity to acquire a secure, high-performing investment in a premier location. (id:63879)
| MLS® Number | X12694900 |
| Property Type | Business |
| Community Name | 7502 - Merivale Industrial Park |
| Amenities Near By | Public Transit |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 8,993 Ft2 |
| Utility Water | Municipal Water |
| Acreage | Yes |
| Land Amenities | Public Transit |
| Size Depth | 135 Ft |
| Size Frontage | 251 Ft |
| Size Irregular | 8993 |
| Size Total | 8993 Ac |
| Size Total Text | 8993 Ac |
| Zoning Description | Commercial Am10 Arterial Mainstreet Zone |
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