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2225-2241 St Laurent Blvd 6,581 SF 100% Leased Retail Building Ottawa, ON K1G 1B2 $3,581,151 USD ($544.17 USD/SF) 2.26% Cap Rate
INVESTMENT HIGHLIGHTS
- 0.8-acre mixed-use redevelopment site
- Strategic location with strong visibility
- Existing retail plaza with tenants
- Future apartment complex potential
EXECUTIVE SUMMARY
Prime 0.8-acre commercial property at the high-traffic intersection of St. Laurent Blvd. and Walkley Rd. This income-generating site features a multi-tenant commercial plaza with a current net operating income of $112,960. The existing building provides stable revenue while offering strong redevelopment potential. Positioned in a strategic location, the property benefits from excellent visibility, accessibility, and surrounding amenities. Conceptual plans showcase potential apartment complex development, making this a rare opportunity for investors and developers seeking a high-yield, transit-friendly site with long-term growth potential.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,581 SF
Building Class
C
Year Built
1973
Price
$3,581,151 USD
Price Per SF
$544.17 USD
Cap Rate
2.26%
NOI
$80,922 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
15’
Building FAR
0.19
Lot Size
0.80 AC
Zoning
LC - Local commercial zone
Parking
56 Spaces (8.51 Spaces per 1,000 SF Leased)
Frontage
131’ on St Laurent Blvd
AMENITIES
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Drive Thru
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
1 of 3
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2225-2241 St Laurent Blvd
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