RESESSION PROOF, INFLATION PROOF develop the excess land and increase revenues.


Property

Website:https://www.nestseekers.com/4150727
Address:
3765 LOGGERS Way
Carp - Dunrobin - Huntley - Fitzroy and Area K0A 2H0
Ownership: For Sale
Type: Unknown
Pets: Pets Allowed

Financials

Price:C3,300,000
($2,408,500)
(€2,049,900)
Annual Taxes:C7,007
Real estate tax:C7,007

Description

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 7% cap rate.

Amenities

  • Unknown

Contact

505 Park Ave, New York, NY 10022