Description
RESESSION PROOF, INFLATION PROOF: develop the excess land and increase revenues. This building is totally leased with a variety of tenants including outdoor storage units. Regardless of the economy this property will continue to produce income. This well-maintained single-story building in Kinburn/ Ottawa, 30 minutes Parliament Hill and 15 minutes from Arnprior, has 28,900 sq. ft. of light industrial, manufacturing and office space with a large, paved parking lot. It is built on 7.9 acres of land (3 acres is considered excess land) and boasts a fiber optic system throughout the building. Develop the excess land and increase revenues. The owner will consider staying on as well as possibly retaining equity in the project. Please refer to Information Sheets attached. Presently has a 7% cap rate.
Location Description
Follow -417 W to Kinburn Side Rd, Take exit 169 Kinburn side road to Loggers Way 5 min (4.7 km) turn right go 210 m and building is on right - 3765 Loggers Way
Property Details
- Community: 9403 - Fitzroy Ward (South West)
- Property Type: Tenant/Commercial
- Garages: Unknown
- Annual Property Taxes : $ 7007
Building Features
- Parking Type : Unknown
- Community Features : Unknown
Features
- Heating : UnknownPropane
- Sewer : Unknown ,
Listing Contracted With: RE/MAX HALLMARK REALTY GROUP
