For Sale Business

5791 Prince Of Wales Drive

$4,900,000 Est. $21,696/mo ↓

Ottawa, Ontario K4M 1A5

6 Acres Interior
5.73 Ac Lot size
41 days ago Listed
Virtual tour Fully Air Conditioned Hot Water Radiator Heat Acreage

About this home

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. (id:28469)

Virtual tour

Facts & features

Property

MLS® Number
X13123212
Property Type
Business
Community Name
8006 - Rideau Twp W of Hwy 16 North of Reg Rd 6

Building

Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Hot Water Radiator Heat
Size Interior
6 Acres

Land

Acreage
Yes
Size Frontage
229 Ft ,7 In
Size Irregular
5.73
Size Total
5.73 Ac
Size Total Text
5.73 Ac
Zoning Description
Rc3(61r), Rural Commercial

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$21,696/mo
Ontario land transfer tax
$108,975 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Rideau Twp W of Hwy 16 North of Reg Rd 6 market

4 Active listings
$1,449,500 Median asking price
238% above median This home
58 days Avg. time on market
Browse all Rideau Twp W of Hwy 16 North of Reg Rd 6 listings →

Location

5791 Prince Of Wales Drive, Ottawa, Ontario K4M 1A5  ·  Get directions

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