411 MCARTHUR Avenue, Ottawa, Ontario K1K1G7

Listing courtesy of POWER MARKETING REAL ESTATE INC..

$2,900,000
6,506
SqFt

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List Price
$2,900,000
MLS®
X13221654
Days on Market
57
Status
ACTIVE
Type
Commercial
Subtype
Retail
Living Area
6,506
Lot Size Dimensions
Bldg=145.96 x 108 FT ; 0
Subdivision
3404 - Vanier

Property Description

Excellent Investment Opportunity in a High-Traffic Plaza! Discover a well-established 6 store plaza located in one of Ottawa's busiest and most visible location on McArthur Avenue. This great plaza generates an impressive gross income of $256,000 +HST , offering strong and consistent returns for the owner. This great property has a cap rate of approx. 5.0! Surrounded by many popular neighboring businesses like Toyota and Lexus dealer, the location benefits from continuous foot traffic, great exposure, and a loyal customer base. Whether you're an investor or an owner-operator, this is a rare chance to take over a thriving business in a vibrant commercial area with plenty of growth potential. Financials provided only after an NDA signed. Don't miss out on this solid, turnkey opportunity! Call today! (id:5764)

Additional Information

Subdivision
3404 - Vanier
Cooling
Fully air conditioned
Country
Canada
Heating
Forced air, Natural gas

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Calculator source: Real Geeks