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1195 Wellington St 2,511 SF 100% Leased Retail Building Ottawa, ON K1Y 2Z6 $1,914,861 USD ($762.59 USD/SF) 5.39% Cap Rate
INVESTMENT HIGHLIGHTS
- Situated in the heart of the vibrant Parkdale Market neighborhood, offering high visibility, easy accessibility & strong foot traffic
- Located across from Minto’s under construction, 240 unit, purpose built rental development, & surrounded by new & upcoming residential developments
- Six (6) surface parking stalls provide valuable accessibility for tenants and customers
- The property benefits from beautifully maintained landscaping & building mural, enhancing its curb appeal
- Currently occupied by established tenants, providing a diversified income stream and minimizing vacancy risk
- The building’s two-storey design offers flexible space for a variety of commercial uses.
EXECUTIVE SUMMARY
This offering presents a compelling investment opportunity in the highly desirable Parkdale Market neighborhood of Ottawa. This stand-alone, two-storey commercial building at 1195 Wellington Street West occupies a prominent corner lot with approximately 4,607 square feet of land and a 2 storey building with a total area of approximately 2,511 square feet (above grade) and a finished basement.
This property represents a stable and promising investment in a sought-after Ottawa location. Its combination of a prime location, attractive features, existing tenancy, and ample parking makes it an ideal opportunity for investors seeking long-term capital appreciation and consistent cash flow. Further details, including financial performance and tenant information, are available upon request.
This property represents a stable and promising investment in a sought-after Ottawa location. Its combination of a prime location, attractive features, existing tenancy, and ample parking makes it an ideal opportunity for investors seeking long-term capital appreciation and consistent cash flow. Further details, including financial performance and tenant information, are available upon request.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,511 SF
Building Class
C
Year Built
1932
Price
$1,914,861 USD
Price Per SF
$762.59 USD
Cap Rate
5.39%
NOI
$103,178 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.54
Lot Size
0.11 AC
Zoning
TM11 - Traditional Mainstreet
Parking
5 Spaces (1.99 Spaces per 1,000 SF Leased)
Frontage
37’ on Wellington St
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (83)
Bike Score®
Biker's Paradise (99)
NEARBY MAJOR RETAILERS
1 of 12
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1195 Wellington St
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