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51-53 William St 5,401 SF 100% Leased Retail Building Ottawa, ON K1N 9B7 $1,898,390 USD ($351.49 USD/SF) 3.23% Cap Rate



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.
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
$1,898,390 USD
Price Per SF
$351.49 USD
Cap Rate
3.23%
NOI
$61,250 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
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (91)
Bike Score®
Biker's Paradise (95)
NEARBY MAJOR RETAILERS
1 of 4
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51-53 William St
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