$XXX,XXX
Status: OFF MARKET
ELEVEN-UNIT STRIP MALL FOR SALE. FULLY LEASED. HIGH-TRAFFIC LOCATION ON ST JOSEPH BLVD IN THE EAST OF OTTAWA. THERE HAVE BEEN 4 NEW LEASES WITHIN THE LAST 6 MONTHS AT THE BUILDING. ALL NEW CONTRACTS ARE FOR FIVE YEARS AT MARKET RENTS WITH ANNUAL ESCALATIONS AND TRIPLE NET LEASE STRUCTURES. SOME OLDER LEASES HAVE RATES WELL BELOW MARKET VALUE GIVING YOU SUBSTANTIAL UPSIDE OPPORTUNITY TO INCREASE RENTAL RATES OVER TEH COMING CYCLE OF RENEWALS. A FIVE-YEAR PROJECTION PLACES THE BUILDING AT A VALUE IN EXCESS OF $6, 700, 000 BASED ON WHERE ON WHER ETHE NET INCOME OF THE BUILDING WILL BE AT THAT TIME. YOU CAN BUY IT FOR $3, 750, 0000 TODAY. THIS IS A WELL-MAINTAINE DPROPERTY WIHT 8 OF THE 10 ROOFT TOP HVAC UNITS HAVING BEEN $3, 750, 000 TODAY. THIS IS A WELL-MAINTAINED PROPERTY WITH 8 OF THE 10 ROOFTOP HVAC UNITS HAVING BEEN REPLACED WITHIN THE LAST FEW YEARS AND THE ROOF REPLACED IN 2018. NO MAJOR CAPITAL COSTS ARE NEEDED FOR MANY YEARS. A CLEAN PHASE 1 ENVIRONMENTAL REPORT WAS COMPLETED.
| Price | :$3,750,000 |
| Property Taxes | :$79524.00 |
| Tax Year | :2022 |
| Cross Street | :0 |
| Fireplace/Stove | :No |
09 Aug, 2023
TREB #X6729398
Available
$3750000.0
2208 St Joseph Blvd is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 2208 St Joseph Blvd with a highly strategic location at the K1C 1E8 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
2208 St Joseph Blvd offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the X6729398 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 79524.00 and an attractive 3,750,000 while getting several vibrant Ottawa benefits at the same time.
This Sale can be readily found online by searching for the right Commercial in Canada, particularly in your desired Ontario and K1C 1E8. You will enjoy ample sqft at this project along with getting access to the best infrastructure including and Outside/Surface for accommodating vehicles in tandem with , and easy access to the nearest cross street which is 0. The locality has a good walk score while offering easy access to public transit facilities and an excellent bike score , making it highly convenient for your people to reach in a timely manner without any hassles at all.
You can check out several attractive $18,750 available on the 3,750,000 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $18,750 and other attractive incentives for buying this Commercial in Ontario and at K1C 1E8. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This X6729398 offers a safe, secure and comfortable experience for users in Canada. Experience luxurious, comfortable and sleek experiences at this stylishly designed Commercial with the best materials and fixtures for company. Construction quality is top-notch while you can expect a highly convenient and innovative layout along with suitable configurations for enabling a modern workforce.
Pocket-friendly pricing aside, you will get all assistance with mortgages at reasonable rates along with customer support round the clock online for attending to all your queries and helping you close the deal for this Commercial successfully. 2208 St Joseph Blvd promises to be a great option for those seeking elegantly designed commercial spaces suitable for meeting multifarious needs. The need of the hour is designing spaces which are located amidst good communities with proper public amenities and facilities and also suitable infrastructure at the same time. Commercial properties in Canada are available with elegant and stylish designs at K1C 1E8 and you will find a value addition at 2208 St Joseph Blvd by all means.
