RESESSION PROOF, INFLATION PROOF: develop the excess land and increase revenues. This building is totally leased with a variety of tenants including outdoor storage units. Regardless of the economy this property will continue to produce income. This well-maintained single-story building in Kinburn/ Ottawa, 30 minutes Parliament Hill and 15 minutes from Arnprior, has 28,900 sq. ft. of light industrial, manufacturing and office space with a large, paved parking lot. It is built on 7.9 acres of land (3 acres is considered excess land) and boasts a fiber optic system throughout the building. Develop the excess land and increase revenues. The owner will consider staying on as well as possibly retaining equity in the project. “Please refer to Information Sheets attached. Presently has a 6.3%cap rate. (id:6673)
| BusinessType | Industrial |
| BusinessSubType | Light industrial |
| MLS® Number | 1412258 |
| Property Type | Industrial |
| Neigbourhood | Kinburn |
| ParkingSpaceTotal | 88 |
| ConstructedDate | 1970 |
| HeatingFuel | Propane |
| SizeInterior | 750 Sqft |
| UtilityPower | Three Phase |
| Acreage | Yes |
| SizeIrregular | 7.5 |
| SizeTotal | 7.5 Ac |
| SizeTotalText | 7.5 Ac |
| ZoningDescription | Vm |
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Gordon Mott
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