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Investment Highlights

  • The property is surrounded by a vibrant community of high-rise apartments, offering a steady flow of potential customers
  • Situated near renowned city museums, attracting cultural tourists and local visitors alike.
  • The building is fully occupied by established tenants, ensuring immediate and consistent rental income
  • Located just minutes from Ottawa University, providing excellent exposure to students and faculty.
  • The property is in close proximity to a variety of restaurants and retail options, enhancing its appeal and foot traffic
  • Ample parking is available, adding convenience for both tenants and visitors in a bustling area

Executive Summary

We are pleased to present this 5401 square foot fully occupied retail building located in a prime commercial area. The property is well-maintained and offers a turnkey investment opportunity with stable, long-term tenants.
The building features ample parking, providing convenience for both tenants and customers. With its strategic location and strong tenant occupancy, this property offers excellent potential for continued rental income.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,401 SF
Building Class
C
Year Built
1890
Price
$1,917,025 USD
Price Per SF
$354.94 USD
Cap Rate
3.23%
NOI
$61,851 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
14’
Zoning
MD2,S73 - Mixed use downtown sub-zone
Frontage
59’ on William St

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100

Nearby Major Retailers

Anytime Fitness
Starbucks
The Keg Steakhouse + Bar
Burger Factory
Sugar Marmalade
Cora
Boustan
Osmow's
RBC Royal Bank
BMO
  • Listing ID: 35844287

  • Date on Market: 5/13/2025

  • Last Updated:

  • Address: 51-53 William St, Ottawa, ON K1N 9B7

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