842 Clyde Ave
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842 Clyde Ave
2,764 SF Industrial Building Ottawa, ON K1Z 5A2 $6,427,948 USD ($2,326 USD/SF)
Investment Highlights
- This is a prime location to re-develop, especially with the city pushing for more intensification inside the Greenbelt
- The neighborhood also offers numerous amenities such as a comprehensive transit network, schools, restaurants, shopping centers, etc.
- Across the street, there is a proposal for 6 residential towers (with over 2000 units- with a proposed mix of condos and rentals)
Executive Summary
RE-DEVELOPMENT OPPORTUNITY in one of Ottawa's busiest and most desirable areas. This opportunity consists of two abutting lots, located mere steps from the Carling Road retail corridor, with 150 ft. of frontage and a total area of 15,000 sq ft. This is a prime location to re-develop, especially with the city pushing for more intensification inside the Greenbelt. The area is bustling with pedestrian traffic, and has plenty of re-developed properties, further adding to the value. Across the street, there is a proposal for 6 residential towers (with over 2000 units- with a proposed mix of condos and rentals) and the former Canadian Tire is being re-furbished to become Ottawa’s Premier Wellness & Social Club which will be one of the largest fitness and wellness facility in Ottawa. The neighborhood also offers numerous amenities such as a comprehensive transit network, schools, restaurants, shopping centers and the Ottawa Civic Hospital.
Property Facts
Price | $6,427,948 USD | Building Class | C |
Price Per SF | $2,326 USD | Rentable Building Area | 2,764 SF |
Sale Type | Investment | No. Stories | 1 |
Sale Conditions | Redevelopment Project | Year Built | 1956 |
Property Type | Industrial | Tenancy | Single |
Property Subtype | Warehouse |
Price | $6,427,948 USD |
Price Per SF | $2,326 USD |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Rentable Building Area | 2,764 SF |
No. Stories | 1 |
Year Built | 1956 |
Tenancy | Single |
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Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (76)
zoning
Zoning Code | IG3 |
IG3 |
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842 Clyde Ave
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