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1049 Merivale Rd

3,112 SF Retail Building Ottawa, ON K1Z 6A9 $932,385 USD ($300 USD/SF)

Investment Highlights

  • Recently updated automotive garage
  • The front windows have been replaced (2023)
  • Fantastic central Ottawa location on Merivale Road near Carling Avenue

Executive Summary

Recently updated automotive garage for sale in a fantastic central Ottawa location on Merivale Road near Carling Avenue. The front windows have been replaced (2023). Exterior siding and interior walls have been painted (2023). The roof was replaced (2019). Two gas-forced air heaters were installed in 2020. The concrete flooring has been power-washed for the next owner. The site is 9,644 sf. Squeeze up to 16 vehicles on the lot. The building is near 3,112 sf & consists of 2 bays. Bay 1 is nearly 1,650 sf and can fit 3 cars in tandem. Bay 2 is nearly 540 SF and can fit one car. The reception area is open concept. The garage ceiling height is 16 feet clear. The compressor remains on site in the basement and is in good working order. A phase 2 environmental study was completed in the summer of 2023 and concluded that the property is within MOE standards to continue operating as an auto-garage with no further recommendations. A high traffic, central location. No VTB. Sold as-is where-is.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,112 SF
Building Class
C
Year Built
1949
Price
$932,385 USD
Price Per SF
$300 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.22 AC
Zoning
TM - Traditional Mainstreet
Parking
16 Spaces (5.14 Spaces per 1,000 SF Leased)
Frontage
49 FT on Merivale Rd

Amenities

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalized Intersection
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

TD Canada Trust
Tim Hortons
East Side Mario's
Scotiabank
CrossFit
Thai Express
Royal Bank of Canada
Second Cup Cafe
Boston Pizza
  • Listing ID: 29576417

  • Date on Market: 9/21/2023

  • Last Updated:

  • Address: 1049 Merivale Rd, Ottawa, ON K1Z 6A9

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