Rare Opportunity: Affordable Commercial Condo! This versatile property is ideal for an office or service business, located in a newer, well-managed building near the upcoming LRT. Perfect for first-time investors or business owners seeking a low-maintenance and budget-friendly investment. Currently occupied by a reliable tenant with a lease until April 2025, it offers immediate income with the potential for long-term tenancy, as the tenant has shown interest in renewing. The property includes two dedicated parking spaces and a shared 15-minute spot, with additional parking available next door for just $105/month. There’s also the potential to arrange parking sharing with neighbouring businesses during off-hours. This is a rare chance to secure a commercial property in a prime location with excellent growth potential. Don’t miss out!
Mls | X10431159 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Sold Conditional |
Days On Site | 20 |
Listing Provided By | REAL BROKER ONTARIO LTD. | Not Provided |
Sq Feet | 526 |
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State | ON |
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County | Ottawa |
City | Orleans |
Zip Code | K4A |
Area | 1103 Fallingbrook | Ridgemount |
Listing VS Median (in K4A) | |
Price: $165,000 low | high Med: $2,865,000 SqFt: 526 low | high Med: 9,606 $ / SqFt: $314 low | high Med: $306 On Site: 20 low | high Med: 16.000000 |