Commercial Retail · For sale
75-79 Montreal Road, Vanier and Kingsview Park
$2,400,000
Listing brokerage: EXP REALTY · MLS® X14083294
- Listing brokerage
- EXP REALTY
- Type
- Commercial Retail
- Deal
- For sale
- Category
- Commercial · Retail
- Size
- 5,952 sq ft
- Lot
- 1620 x 54 ft
- Area
- 3401 - Kingsview Park
- MLS® number
- X14083294
Description
Exceptional opportunity to acquire a well-positioned retail plaza in a high-traffic downtown Ottawa location. The property is anchored by five established tenants, providing stable in-place cash flow and a diversified income stream.With several lease renewals approaching, investors have the opportunity to enhance returns by bringing current rents closer to market while retaining a long-standing tenant base. The surrounding area continues to benefit from significant residential and mixed-use development, supporting future tenant demand, increased foot traffic and long-term property appreciation.Offering immediate income, meaningful rental upside and the underlying value of a strategic urban landholding, this asset is ideally suited to investors seeking both dependable cash flow and long-term growth potential. The seller may also consider providing a vendor take-back(VTB) mortgage to qualified purchasers.
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