1120-1126 March Rd - Retail FOR SALE


Ottawa, ON K2K 1X7- Nepean Kanata
$4,300,000 CAD
613-853-4106
1120-1126 March Rd, Ottawa, ON for Sale
$4,300,000 CAD
Retail - FOR SALE
1/22
null | Request Cap Rate

1120-1126 March Rd
Ottawa, ON K2K 1X7
Nepean Kanata


HIGHLIGHTS

  • 2 Separate Parcels: 2 PINs/ARNs/legal descriptions.
  • Fully tenanted four (4) unit commercial plaza.
  • 40 parking spaces with room to expand (new pavement 2022).
  • Propane gas, forced air heating.
  • Municipal water services connected.

OVERVIEW

Kanata North development opportunity. Rapid residential expansion surrounds this site, including a 3,500 unit residential development directly adjacent. 1120 March Road has a commercial plaza with 4,844 square feet on the main level and 4,000 square feet of finished space in the walkout basement. 1126 March Road is approximately 2.7 acres, with a a two (2) story, approximately 1,500 square foot detached home. Located on the Northeast side of March Road, less than one (1) kilometer from Klondike Road and Kanata's tech district. This location offers excellent exposure and great advertising visibility due to the high traffic along this major thoroughfare. A great income property that is also a superb investment for both the current income stream and future potential. This location is a prime development site for further commercial and residential opportunities to expand along the urban boundary.

FOR SALE DETAILS

PRICE

$4,300,000 CAD

PRICE/SF

$416 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

4.98 AC

LAND SF

216,765 SF

ZONING

RC3 + RR3

APN/PARCEL ID

061430081624182

ASK ABOUT THIS PROPERTY

Jakob BurkeZinati Realty IncMore Info
613-853-4106

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Jakob BurkeZinati Realty IncMore Info
613-853-4106

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.