390 MCARTHUR AVENUE
Ottawa, Ontario K1L6N6

$3,200,000

ID# X9515599

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Well maintained commercial building currently used as a medical center, with a doctor's office, a pharmacy, and a dentist. Traditional Mainstreet Corridor (TM zone) allows a wide variety of retail and business uses. Built around 1981, with an annex built by Domicile in about 1987. Approximately 8,500 sq' gross floor area on 2 floors. It has frontage on 3 streets, and has 2 separate parking lots (21 parking spaces plus 5 cash in lieu). 2 units have been left vacant so a new buyer can either use the space, or find new tenants at market rates (likely $30 triple net).The medical practice occupies the upper floor, and they will rent back for a period of time at market rates, or vacate, depending on the buyer. Potential over $200,000 triple net income. Also has future development potential - TM Mainstreet Corridor - 9 storey building height permitted with new OP and new zoning bylaw, 14,284 sq' lot size (have your planner check it out). (id:25961)

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Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: May 15, 2024

On market: 196 days

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CONTACT

+1 (613) 355-7078

Brandi Leclerc

Sales Representative

(613) 355-7078 (direct)

(613) 825-7653 (office)

brandil@royallepage.ca

homeswithbrandi.com

3101 Strandherd Drive, Ottawa

BARRHAVEN / NEPEAN

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390 MCARTHUR AVENUE Ottawa, Ontario K1L6N6

YOU MIGHT ALSO LIKE THESE LISTINGS

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B - 110 LINDENSHADE DRIVE Ottawa $419,900 Beds: 2 Baths:2 Sq Ft:999.992 - 1198.9898 sqftMIGUEL VIDAL

935 GOREN AVENUE Ottawa $669,000 Beds: 3 Baths:2 Sq Ft:ArrayDENIZ OZBAY

861D BLACKCOMB Ottawa $409,900 Beds: 2 Baths:2 Sq Ft:ArraySAADIQ HUSSAIN

1945 GREENWAY PARK Ottawa $449,900 Beds: 3 Baths:2 Sq Ft:ArrayMOHNISH AGGERWAL

906 - 138 SOMERSET STREET W Ottawa $389,000 Beds: 1 Baths:1 Sq Ft:699.9943 - 798.9932 sqftTRISTAN PELLETIER

628 THESSALY CIRCLE Ottawa $2,900 Beds: 3 Baths:2 Sq Ft:ArrayCOLLEEN RUSHFORTH

2409 - 242 RIDEAU STREET Ottawa $2,150 Beds: 1 Baths:1 Sq Ft:ArrayCHRISTINE ROSS

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263 KINGHAVEN CRESCENT Ottawa $2,700 Beds: 3 Baths:3 Sq Ft:ArraySAM MOUSSA

5A FLAGSTONE PRIVATE LANE North Stormont (711 - North Stormont (Finch) Twp) $489,900 Beds: 3 Baths:3 Sq Ft:ArrayDAVID BARNOWSKI

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908 - 245 KENT STREET Ottawa $2,200 Beds: 1 Baths:1 Sq Ft:ArrayKIM TRAN

2 - 456 BRONSON AVENUE Ottawa $1,400 Beds: 0 Baths:1 Sq Ft:ArrayRYAN GAUTHIER

5055 LOGGERS WAY Ottawa $749,900 Beds: 4 Baths:2 Sq Ft:ArraySONAT TRY

529 MAIN STREET Merrickville-Wolford (805 - Merrickville/Wolford Twp) $879,000 Beds: 2 Baths:2 Sq Ft:ArrayRYAN ROGERS

1 - 58 JAMES STREET Ottawa $1,995 Beds: 1 Baths:1 Sq Ft:ArrayLUIGI AIELLO | Sales Representative

1221 NOTTING HILL AVENUE Ottawa $749,900 Beds: 4 Baths:3 Sq Ft:ArrayMAZ KARIMJEE

22 SECOURS STREET Alfred and Plantagenet (609 - Alfred) $224,500 Beds: 3 Baths:0 Sq Ft:ArrayERIC FOURNIER

93 SUMMERWALK PLACE Ottawa $1,074,900 Beds: 4 Baths:3 Sq Ft:ArrayMARNIE BENNETT

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