595 West Hunt Club Road, Tanglewood - Grenfell Glen - Pineglen, ON K2G 5X6

Tanglewood - Grenfell Glen - Pineglen K2G 5X6 Ontario

MLS: X12449971

$3,900,000

Added 15 hours ago | For Sale

Listed by: EXP REALTY

About Property

Prime Investment Opportunity to acquire a commercial property on .78 of an acre with high visibility at one of Ottawas busiest intersections, adjacent to Nepean Crossroads Centre and exposed to nearly 94,000 vehicles daily. The 8,993 sq. ft. building including Bell Canada, Massage Addict, Safety House and Smoke Fx is fully leased. A solid tenant base with rent escalations ensuring stable long-term income. Neighboring tenants include Canadian Tire, Rona, Dollarama, Mark's, The Brick, LCBO, Structube and more. Net Operating Income $195,000 (2024). Current market rents below market position property for strong future upside. Originally designed with the potential to expand the ground floor retail area by an additional 2,200 - 2,400 sq. ft., the property offers strong future upside. With no major capital costs anticipated for many years and a clean Phase 1 environmental report available, this is a rare opportunity to acquire a secure, high-performing investment in a premier location.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 251 X 135
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Merivale Road
  • Basement: ,
  • Possession Date:To Be Arranged
  • Annual Property taxes: $27272.51
  • Bedrooms:
  • Total Parking Spaces:37
  • Parking Places:37
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12449971

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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