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3835 MCBEAN STREET, Ottawa, Ontario

$1,499,900

5,760 sq ft

MLS® X13849744

Prime Investment Opportunity - Fully Leased Commercial Property on a half-acre lot (23,250 sq ft). An exceptional opportunity for the discerning investor: this fully leased property features three stable tenants generating a total gross annual rental income of $128,400. All tenants share hydro costs equally, while the landlord covers property taxes, insurance, water, landscaping, environmental services, and snow removal - streamlining management and enhancing tenant satisfaction. The front section of the lot has been recently paved, ensuring excellent curb appeal and functionality. Zoned RG3[151r], the property offers strong current cash flow with exciting future development potential, as a new residential subdivision is being constructed directly behind the site-presenting opportunities to service this growing community. Please note: storage containers located at the rear of the property are excluded from the sale. (id:56426)

Colin Zappia

Listed by SUTTON GROUP - OTTAWA REALTY

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We cover Orangeville, Mono, Caledon, Shelburne, the rest of Dufferin County and into Wellington County. Call us directly.

Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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