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$ 3,850,000
Est. payment /mo
Active
411 MCARTHUR AVENUE Ottawa, ON K1K1G7
6,506 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,506 sqft
Price per Sqft $591
Subdivision 3404 - Vanier
MLS® Listing ID X12599900
Source Ottawa Real Estate Board
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Virtual Tour https://www.myvisuallistings.com/vt/360851
Listed by POWER MARKETING REAL ESTATE INC.