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 $3,425,488 USD ($264 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
$3,425,488 USD
Price Per SF
$264 USD
Cap Rate
5.56%
NOI
$190,425 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
1.49
Land Acres
0.20 AC
Zoning
MD2 S73 - Mixed-Use Downtown Zone
Frontage
Amenities
- 24 Hour Access
- Bus Line
- Signalized Intersection
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (91)
Bike Score ®
Biker's Paradise (95)
Nearby Major Retailers
-
Ben Zunder -
Philip Zunder -
CDNGLOBAL
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122 Clarence | 298-308 Dalhousie St
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