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396 FLORA Street - Multi-tenant retail plaza in fast growing Carleton Place. One existing quasi-government existing tenant. Total of eight individual suites. 2016 MPAC assessment is $1,245,000. Carleton Place is booming due to move west of Department of National Defence to Kanata and completion of four lane, divided highway to Ottawa. Permitted uses include both retail and office. Additional land available for more on-site development, which could include standalone pad or townhouses. Potential for commercial condos/individual ownership/owner occupier as well. 90 parking spots. Purchase or lease for $10 per sf triple net. Large street-facing windows and doors. Many existing improvements including HVAC and installed washrooms. Fast occupancy. Existing lease with Community Living suggest possible theme: not-for-profit, charity and NGO uses. CAM charges $6 per sf per yr approx. AM1: arterial mainstreet zoning. Close to both high and elementary schools.

Property Details

  • ID: 1029102
  • Year Built: 1977
  • Parking Type Description: None 0 cars
  • Lot Size: 210.00x325.29
  • Property ID: 101181226
  • Status: Active
  • New Construction: No
  • Estimated Annual Taxes: $20,506
  • Style: Other
  • Storeys: 0
  • Living Area: 15,387
  • Neighbourhood: Carleton Place

Features

Additional Property Uses ICI Retail
Consentto Cont After Expir Y/N No
Irregular Lot Y/N No
Other Zoning Description - Commercial, Useable Sqft - 15387, Unit of Measure - Acres, Total Parking - 90, Total Avail Sqft - 12787, Tax Year - 2010, Site Area - 1.51, Retail Sqft - 15387, Property Type - Commercial, Property Sub Type - Retail, Possession Information - 15, Parking - 90 Spaces, Parcel Number - 0928010020387000000, Municipality - Carleton Place, Management Company - Paradigm Properties Inc, Lot Size Met Frontage - 99.15, Lot Size Met Depth - 64.01, Lot Size Imp Frontage - 325.29, Lot Size Imp Depth - 210.00, Listing Conditions Remarks - Assumption of One Lease. 48 Hours on Every Offer;, Lease Rate - 10.0000, Lease Price Rate Per - Sqft, Fronting On - Southwest, District Neighbourhood Num - 909- Carleton Place, Ceiling Height - 10', Age Description - Approx
Other Listing Conditions Y/N Yes
Parking At Add Cost Y/N No
Listed By Bruce Firestone and Nick Cripps of CENTURY 21 Explorer Realty Inc., Brokerage*