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2821 RIVERSIDE Drive - Wonderful office building with plenty of parking located in the south end of Ottawa available for purchase. Comprised of roughly 7,400 sq ft of office space, the building currently houses multiple tenants including a law office, and two business brokerages. The office space consists of a lunch room, board and meeting rooms suited for any form of office based business and is ideal for co-working/shared space. Land at rear of building can be used for outdoor space or building expansion and roof provides the opportunity for solar and event space. Located in the thriving business district on Riverside drive, 15 minutes from Downtown Ottawa and only minutes from Mooney's Bay, Hog's Back Park, the Civic Hospital and Carleton University. Area has tons of services with has access to excellent transit. Seller is willing to leaseback space providing an NOI of approx $199,000. At its current list price, this is approx a 6% capitalization rate per annum. Call now to book a showing.

Property Details

  • ID: 1157326
  • Status: Active
  • New Construction: No
  • Estimated Annual Taxes: $49,376
  • Property ID: 101415656
  • Storeys: 0
  • Lot Area: 0.53 Acres
  • Neighbourhood: Riverside Park
  • Style: Other
  • Parking Type Description: None 0 cars
  • Lot Size: 216.24x14.01

Features

Additional Property Uses ICI Retail, Office, Commercial Land
Consentto Cont After Expir Y/N No
Irregular Lot Y/N Yes
Other Zoning Description - Gm1 F(1.0), Zoning Code City Of Ottawa - Commercial/Mixed Use - General Mixed Use (Gm), Unit of Measure - Square Feet, Tax Year - 2018, Site Area - 22894, Property Type - Commercial, Property Sub Type - Office, Possession Information - Tbd, Parcel Number - 0614116201050010000, Net Oper Income NOI - 199000, Municipality - Ottawa, Lot Size Met Frontage - 4.27, Lot Size Met Depth - 65.91, Lot Size Imp Frontage - 14.01, Lot Size Imp Depth - 216.24, Fronting On - East, District Neighbourhood Num - 4604- Riverside Park/Mooneys Bay, Annual Gross Income - 199000
Other Listing Conditions Y/N No
Listed By Simon Case and Bruce Firestone of CENTURY 21 Explorer Realty Inc., Brokerage*