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1151 Ogilvie Road Ottawa, Ontario K1J 7P6

$5,250,000

Presenting an exceptional opportunity for investors seeking a stable, triple-net leased property with immense re-development potential. Situated in Ottawa East, with close proximity to the Cyrville Light Rail Transit (LRT) station, a major growth catalyst for the area, ensuring increased foot traffic and potential for development. The proximity to LRT has also resulted in City of Ottawa's Official Plan designating this site for high-density residential. Currently occupied by a single restaurant tenant, this property offers hands-off ownership and predictable cash flow. With a generous lot size of 29,579 sq. ft. and a 6,190 sq. ft. building, this property offers flexibility and growth opportunities. (id:18965)

Property Details

MLS® Number 1401621
Property Type Retail
Neigbourhood Ottawa East / Cyrville
ParkingSpaceTotal 53

Building

ConstructedDate 1990

Land

Acreage No
SizeDepth 257 Ft
SizeFrontage 93 Ft
SizeIrregular 93 Ft X 257 Ft (irregular Lot)
SizeTotalText 93 Ft X 257 Ft (irregular Lot)
ZoningDescription Lc Local Commercial

https://www.realtor.ca/real-estate/27144946/1151-ogilvie-road-ottawa-ottawa-east-cyrville

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Florian Nagelschmitz
Salesperson


Capital Commercial Investment Corp.
1505 Carling Avenue,2nd Floor
Ottawa, Ontario K1Z 7L9

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