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2181-2183 Thurston Dr

22,500 SF Flex Building Ottawa, ON K1G 6C9 $4,289,733 USD ($191 USD/SF)

Investment Highlights

  • 22,500 SF flex/industrial building
  • Ample on-site parking
  • Dock level and grade level loading doors
  • Potential for 7,500 SF expansion

Executive Summary

A fantastic long-term investment opportunity, located between Conroy Road and St. Laurent Boulevard in the Ottawa Business Park. The property at 2181-2183 Thurston Drive offers a 22,500 SF flex/industrial building with both dock level and grade level loading doors, providing great functionality for a variety of uses. Currently occupied by OCM Manufacturing Inc. since 1988, this property is set to be leased for 5 years starting at $17.00 per SF (fully net), with an annual escalation of 2.5%. The building has been meticulously maintained and offers the potential for an additional 7,500 SF expansion, making it an excellent opportunity for both investment and growth.

Property Facts

Price $4,289,733 USD
Price Per SF $191 USD
Sale Type Investment
Property Type Flex
Property Subtype Light Manufacturing
Building Class C
Lot Size 2.10 AC
Rentable Building Area 22,500 SF
No. Stories 1
Year Built 1988
Tenancy Single
Parking Ratio 2.36/1,000 SF
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1

Amenities

  • Yard

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

zoning

Zoning Code IL (Industrial zone)
IL (Industrial zone)
  • Listing ID: 34171594

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: 2181-2183 Thurston Dr, Ottawa, ON K1G 6C9

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