122 Clarence | 298-308 Dalhousie St
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122 Clarence 298-308 Dalhousie St
12,995 SF 100% Leased Retail Building Ottawa, ON K1N 7E7 $3,324,721 USD ($256 USD/SF) 5.56% Cap Rate
Investment Highlights
- Heavy foot traffic
- Heavy vehicular traffic
Executive Summary
CDNGLOBAL is pleased to present the opportunity to acquire 122 Clarence Street, Ottawa, Ontario.
This building is conveniently located at the southwest corner of Clarence and Dalhousie between York and Clarence Streets. The property is a multi-tenant retail, office building located in the well-known ByWard Market area of Ottawa.
The building has many advantages being close to retailers, ample restaurants, office buildings. The property has excellent visibility with pedestrian and vehicular traffic and is within walking distance to Parliament Hill, Chateau Laurier, Rideau Centre and the Rideau Canal.
This building is conveniently located at the southwest corner of Clarence and Dalhousie between York and Clarence Streets. The property is a multi-tenant retail, office building located in the well-known ByWard Market area of Ottawa.
The building has many advantages being close to retailers, ample restaurants, office buildings. The property has excellent visibility with pedestrian and vehicular traffic and is within walking distance to Parliament Hill, Chateau Laurier, Rideau Centre and the Rideau Canal.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,995 SF
Building Class
C
Year Built
1920
Price
$3,324,721 USD
Price Per SF
$256 USD
Cap Rate
5.56%
NOI
$184,823 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
1.49
Lot Size
0.20 AC
Zoning
MD2 S73 - Mixed-Use Downtown Zone
Frontage
Amenities
- 24 Hour Access
- Bus Line
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
3,300 square foot retail space for lease for $20 p/sf and a $15 TMI.
1,198 square foot retail/office space for lease for $12 p/sf and a $15 TMI.
| Space | Size | Space Use | Position | Available |
| GR FL 298 | 3,300 SF | Retail | In-Line | 30 Days |
| 2nd FL 298 | 1,198 SF | Office/Retail | In-Line | 30 Days |
GR FL 298
| Size |
| 3,300 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
2nd FL 298
| Size |
| 1,198 SF |
| Space Use |
| Office/Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
GR FL 298
| Size | 3,300 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
3,300 square foot retail space for lease for $20 p/sf and a $15 TMI.
2nd FL 298
| Size | 1,198 SF |
| Space Use | Office/Retail |
| Position | In-Line |
| Available | 30 Days |
1,198 square foot retail/office space for lease for $12 p/sf and a $15 TMI.
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (91)
Bike Score ®
Biker's Paradise (95)
Nearby Major Retailers
1 of 7
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122 Clarence | 298-308 Dalhousie St
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