1166 Rainbow St
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1166 Rainbow St
9,842 SF 100% Leased Office Building Ottawa, ON K1J 6X7 $4,485,007 USD ($456 USD/SF)
Executive Summary
Approximately 2.39 Acre of land and a building located beside new LRT Train Station, 15 minute from parliament hill, Minutes to 174 East and west bound ramps. A short walk to Montreal rd LRT station. Special zoning right because the property near to a LRT station, including apartments, hotels, restaurants, offices and more. This is good for an owner/occupier or investor to acquire industrial building suited for either single or multi tenant occupancy, in well-established and highly accessible Canotek Business Park. The existing rental profile is short term, providing flexibility for occupiers to expand while providing short term revenue and can be terminated. Current building consists of Warehouse/factory area 4168 sq ft, and 1000 sqft office. Light Industrial zoning permits a variety of uses. there is Room to expand building or rebuild entire area. Machinery in the building is not included in the sale.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
9,842 SF
Building Class
C
Year Built
1971
Price
$4,485,007 USD
Price Per SF
$456 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,592 SF
Slab To Slab
8’
Parking
20 Spaces (2.03 Spaces per 1,000 SF Leased)
Amenities
- Signage
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Bike Score ®
Very Bikeable (84)
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Research In Progress
1166 Rainbow St
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