Investment · For sale

5791 Prince Of Wales Drive, Manotick - Kars - Rideau Twp and Area

$4,900,000

Listing brokerage: RE/MAX HALLMARK REALTY GROUP · MLS® X13123212

Listing brokerage

RE/MAX HALLMARK REALTY GROUP

Type

Investment

Deal

For sale

Category

Commercial · Investment and multi-residential

Size

5.73 sq ft

Lot

229.66 x 0 ft

Area

8006 - Rideau Twp W of Hwy 16 North of Reg Rd 6

MLS® number

X13123212

Description

Located on High Visibility Prince of Wales Drive Ottawa. This Exceptional Commercial Property offers Outstanding Exposure with 41,000 Vehicles passing daily which is 15 Million Cars/Year which drive on Highway 416 past this Location, Car Canada was originally built in 1996 with an addition constructed in 1997. There are Private Services of Well & Septic. Oil water separators are Included. Situated on 5.7 Acres, the property features an Exceptional Commercial Showroom Space, with Maintenance area adjoined to It. This well-maintained commercial property offers a unique functional building ideal for a variety of business uses. A standout feature is the purpose-built showroom designed for RV or vehicle display. This impressive space offers high ceilings and abundant natural light, and 14 well-appointed offices and utility areas complete the layout. There is a total of 6 Washrooms, and one large Kitchen and one Kitchenette. The building is in excellent condition and ready for immediate use. This is a rare opportunity to acquire a flexible commercial property with strong infrastructure and move-in-ready facilities. The property is leased to Myers Manotick for $32,500/month gross (around $20.00 sqf net) from April 01, 2024 to March 31, 2026 increasing to $35,000.00 month gross (around $22.00 sq ft net) from April1, 2026 to April 30, 2027.