595 West Hunt Club Road, Tanglewood - Grenfell Glen - Pineglen | Image 1

595 West Hunt Club Road

Tanglewood - Grenfell Glen - Pineglen, 7502 - Merivale Industrial Park

  • Commercial

$4,125,000
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: Commercial AM10

  • Age: 31-50 years

  • Taxes: 26853

  • MLS®#: X11887796

  • Added: Dec 10, 2024 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: EXP REALTY

Rarely available. An opportunity to acquire a 8,993 square foot fully leased, highly visible Retail Plaza on .78 of an acre. Strategically located next to the Crossroads Centre at Merivale and Hunt Club Road. A primary arterial road with easy access. 35,000 vehicles Daily (Source City of Ottawa). The property provides a solid Tenant base with rental escalations through 2029. Net Operating Income is projected to be in excess of $200,000 within 24 months with potential future upside to rent. No major capital costs are needed for many years. A clean phase 1 environmental report is available.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Retail

  • Age: 31-50

  • Net Income: 194353

  • Area: Tanglewood - Grenfell Glen - Pineglen

  • Community: 7502 - Merivale Industrial Park

  • Availability Date: To Be Arranged

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • UFFI: No

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

  • Amps: 600

Parking

  • Garage Type: None

  • Covered Parking Spaces: 37

Fees

  • Tax Year: 2024

  • Tax Legal Description: PCL 24-1, SEC 4M-601 ; BLK 24, PL 4M-601 ; S/T LT532361E,LT53236

  • Taxes: $26,853

  • Expenses: Act

  • Management Expense: 3300

  • Insurance Fee: 4692

  • Hydro Expense: 3288

  • Common Area Fees: 10

  • Taxes Type: Annual

  • Taxes: 26853

  • Tax Year: 2024

  • Water Fees: 2115

Land

  • Cross Street: Merivale Road

  • Municipality District: Tanglewood - Grenfell Glen

  • Parcel Number: 046290851

  • Sewer: Sanitary

  • Lot Depth: 135 Feet

  • Lot Frontage: 251 Feet

  • Zoning: Commercial AM10

Additional Media

  • Virtual Tour: https://youtu.be/ctu_bePUyYI

Commercial Specific

  • Retail Area: 6493

  • Retail Area Metric: Sq Ft

  • Total Area: 8993

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Tangible Property Included: Y

  • Lot Code: Building

  • Survey: Y

  • Building Percent: 100

  • Soil Test: Envirn Audit

  • Financial Statement: Y

  • Gross Income/Sales: 245067

See 3D Tour of 595 West Hunt Club Road, Tanglewood - Grenfell Glen - Pineglen
Video Tour

Car-Dependent

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Map of 595 West Hunt Club Road, Tanglewood - Grenfell Glen - Pineglen
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