Presenting an exceptional opportunity for investors seeking a stable, triple-net leased property with immense re-development potential. Situated in Ottawa East, with close proximity to the Cyrville Light Rail Transit (LRT) station, a major growth catalyst for the area, ensuring increased foot traffic and potential for development. The proximity to LRT has also resulted in City of Ottawa's Official Plan designating this site for high-density residential. Currently occupied by a single restaurant tenant, this property offers hands-off ownership and predictable cash flow. With a generous lot size of 29,579 sq. ft. and a 6,190 sq. ft. building, this property offers flexibility and growth opportunities. (id:47421)
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Detailed Information
Lot
93 x 257 ft
Listing Contract Date
2024-07-09
Municipal ID
042690659
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
LC Local Commercial
Building
Land
Total Size
0.7 acres
Size of Irregular Land
0.7
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