RESESSION PROOF, INFLATION PROOF: develop the excess land and increase revenues. This building is totally leased with a variety of tenants including outdoor storage units. Regardless of the economy this property will continue to produce income. This well-maintained single-story building in Kinburn/ Ottawa, 30 minutes Parliament Hill and 15 minutes from Arnprior, has 28,900 sq. ft. of light industrial, manufacturing and office space with a large, paved parking lot. It is built on 7.9 acres of land (3 acres is considered excess land) and boasts a fiber optic system throughout the building. Develop the excess land and increase revenues. The owner will consider staying on as well as possibly retaining equity in the project. “Please refer to Information Sheets attached. Presently has a 6.3%cap rate. (id:2493)
Property Type:
Industrial
Common Interest:
Freehold
Total Living Area:
750 sq. ft.69.677 m2
Zoning:
vm
Taxes:
$7,007 /
2024
Community:
Kinburn
Major Business Type:
Industrial
Power Type:
Three Phase
Fireplace:
No
Heating:
Propane
Lot Size:
7.5 acre(s)3.035 hectare(s)
Lot Details:
7.5
Total Parking Spaces:
88
Front entrance
South side of building
Front entrance
Front entrance
Front entrance
Front Hall
South side of building
South side of building
South side of building
Back Area of lot / land
Back of Building
South side of Building
Back of Lot / Land
South side Land
South side of Building
Leased area in back
Leased area in back
Road around back of building
South side of lot (open)
lot
Leased area in back
South side open area
Building and lot from south west corner of lot
View from South west corner
Open Land
South Side of Lot
Photo 27 of 29
Location : Contains information licensed under the Open Government License - City of Ottawa
Contains information licensed under the Open Government License - City of Ottawa Aerial view of property
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