301 Metcalfe St - Medical FOR SALE


Ottawa, ON K2P 1R9- Downtown
$2,400,000 CAD
613-261-9100
301 Metcalfe St, Ottawa, ON for Sale
$2,400,000 CAD
Medical - FOR SALE
1/2
null | Request Cap Rate

301 Metcalfe St
Ottawa, ON K2P 1R9
Downtown


HIGHLIGHTS

  • Located near Bank Street and Elgin Street, many nearby restaurants, shopping, coffee shops, and bars
  • Walking distance to the Rideau Canal, parks, bike paths, parks, and running trails
  • Nearby and frequent bus routes
  • Potential redevelopment opportunity
  • Actively generating cashflow
  • Excellent investment potential

OVERVIEW

Office building for sale in a prestigious central location in Centretown. Exquisite Heritage Building with above average brick work and wood trim details over 3 floors. Currently, 14 of 16 individually leased offices (mostly to psychologists). Leases expire between 2024 and 2027. Two large vacant offices available to rent.18 parking spaces on site! Building good for owner/user and for eventual redevelopment site. Owner's architect advised a 9 storey redevelopment could work on this property.

FOR SALE DETAILS

PRICE

$2,400,000 CAD

PRICE/SF

$472 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R4S

APN/PARCEL ID

061404210160400

ASK ABOUT THIS PROPERTY

Gary ShakerShaker Realty Ltd.More Info
613-261-9100

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Gary ShakerShaker Realty Ltd.More Info
613-261-9100

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