Sanjiv & Poonam Puri
Broker
Ipro Realty Ltd., Brokerage
Independently owned and operated.
503-55 City Centre Dr., Mississauga, Ontario L5B1M7
Cell: 647-295-5501Office: 905-268-1000Fax: 905-277-0020
$2,600,000
Available - For Sale
Listing ID: X11824403
2795 St Joseph Blvd , Orleans - Convent Glen and Area, K1C 1G4, Ontario
| Your opportunity to acquire a high-traffic retail site with a stand-alone building and mid-rise zoning in place in the heart of Orleans. The lot is 18,212 sf with AM3 zoning permitting up to 30 meters of development to a maximum of nine stories. Additional uses include restaurant, retail, mixed-use, and residential to name a few. The building is 1,982 sf and is rented to an auto glass repair tenant with a lease expiring September 30, 2026. The lease is fully triple net. The building has more than 200 amp 600-volt 3-phase power with a transformer installed. Purchase this property for your personal future use or development project. The property valuation reflects the opportunity for an owner/operator, or developer and is not based on the income approach. The tenant has an option to renew the lease for two terms of five years. The Seller is willing to facilitate negotiations for the Buyer to buy out and terminate the lease if vacant possession is desired. |
| Price | $2,600,000 |
| Taxes: | $17163.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 2795 St Joseph Blvd , Orleans - Convent Glen and Area, K1C 1G4, Ontario |
| Postal Code: | K1C 1G4 |
| Province/State: | Ontario |
| Lot Size: | 112.39 x 162.26 (Feet) |
| Directions/Cross Streets: | East/West |
| Category: | Retail |
| Use: | Automotive Related |
| Building Percentage: | Y |
| Total Area: | 1982.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 1982 |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 16-30 |
| Financial Statement: | N |
| Chattels: | N |
| Franchise: | N |
| Taxes Expense: | $17163 |
| Other Expenses: | $3600 |
| Gross Income/Sales: | $74277 |
| Net Income Before Debt: | $53514 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | N |
| Washrooms: | 1 |
| Clear Height Feet: | 12 |
| Volts: | 600 |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| KELLER WILLIAMS INTEGRITY REALTY |
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Sanjiv & Poonam Puri
Broker
Dir:
647-295-5501
Bus:
905-268-1000
Fax:
905-277-0020
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Ottawa |
| Municipality: | Orleans - Convent Glen and Area |
| Neighbourhood: | 2007 - Convent Glen South |
| Lot Size: | 112.39 x 162.26(Feet) |
| Approximate Age: | 16-30 |
| Tax: | $17,163 |
| Baths: | 1 |
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