OTTAWA, ONTARIO
$4,900,000
$12.11/sq. ft
Additional Rent Paid By tenents
$45,125.71
Annual Property Taxes
12,741 SQFT
LAND Size
FRONTAGE: 176 ft ,7 in Property Type: COMMERCIAL BUILDING LAND DEPTH: 234ft,2 in
Address | City | State | County | Zip |
---|---|---|---|---|
1011 Thomas Spratt Place | OTTAWA | ONTARIO | CANADA | K1G 5L5 |
PROPERTY DESCRIPTION
Located in the highly sought-after Ottawa Business Park, this 12,741 sq. ft. 2 storey commercial property offers an outstanding opportunity for investors or owner-occupiers. With close proximity to Highway 417 and major arterial roads, the location ensures excellent connectivity for businesses requiring easy access across the city.
Property Highlights
✔ Total Area: 12,741 sq. ft. (including a 5,750 sq. ft. addition completed in 2020)
✔ Configuration: 4 individual units with flexible leasing options
✔ Loading & Access:4 large garage bays (10’ x 14’) for efficient operations
✔ Power Supply: 600V / 200A electrical service
✔ Parking: 30+ surfaced spaces for employees and visitors
✔ Owner-Occupancy: A portion of the building is available for immediate occupancy
✔ 4 RTU for optimal climate control(3 installed in 2015 and 1 2020)
✔ Main Roof 2015 and addition was completed in 2020
Current Tenancies & Revenue Potential
STRUCTURES | LEVEL | DESCRIPTION |
---|---|---|
Unit 1 | Cassidy Construction (Owner-Occupied) | 3,548 sq. ft |
Unit 2 | Institute of Mine Technology | 2,443 sq. ft. Lease ending April 30, 2026 at $16.00/sq. ft |
Unit 3 | Uni Express | 5,750 sq. ft. Lease ending June 14, 2026 at $16.00/sq. ft |
Unit 4 | Commercial Coatings (2nd-floor office space) | 1,000 sq. ft. Month-to-month lease at $2,000/month |
Maintenance or Condo Information
Recreation Facilities
Road access
Sub Division Covenants
Light Industrial
Parcel of Tied Land
Paved road
Shopping Nearby