Property Details

710 GLADSTONE AV – COMMERCIAL BUILDING - OTTAWA

  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 710 GLADSTONE AV - RETAIL BUILDING - OTTAWA REAL ESTATE - CHRIS STEEVES
  • 20171115_122052
  • 710 GLADSTONE AV - OTTAWA COMMERCIAL RETAIL BUILDING - CHRIS STEEVES REAL ESTATE
  • 710 GLADSTONE AV - OTTAWA COMMERCIAL RETAIL BUILDING - CHRIS STEEVES REAL ESTATE
  • 710 GLADSTONE AV - OTTAWA COMMERCIAL RETAIL BUILDING - CHRIS STEEVES REAL ESTATE
  • 710 GLADSTONE AV - OTTAWA COMMERCIAL RETAIL BUILDING - CHRIS STEEVES REAL ESTATE
  • 710 GLADSTONE AV - OTTAWA COMMERCIAL RETAIL BUILDING - CHRIS STEEVES REAL ESTATE
  • 710 GLADSTONE AV - OTTAWA COMMERCIAL RETAIL BUILDING - CHRIS STEEVES REAL ESTATE
  • 710 GLADSTONE AV - OTTAWA COMMERCIAL RETAIL BUILDING - CHRIS STEEVES REAL ESTATE
  • 710 GLADSTONE AV - OTTAWA COMMERCIAL RETAIL BUILDING - CHRIS STEEVES REAL ESTATE
  • 710 GLADSTONE AV - OTTAWA COMMERCIAL RETAIL BUILDING - CHRIS STEEVES REAL ESTATE
  • 710 GLADSTONE AV - OTTAWA COMMERCIAL RETAIL BUILDING - CHRIS STEEVES REAL ESTATE

For Sale $628,000 - Retail
Listing price:
$628,000
Property Type:
RETAIL MAIN FLOOR.  RESIDENTIAL (2BDRM) OR OFFICE ABOVE.
Parking:
1 OPEN SPOT IN DRIVEWAY
Lot Size:
28′ x 94′
Zoning:
TM – TRADITIONAL MAINSTREET
Square Feet:
MAIN FLOOR APPROX 1125 SQFT.  2ND FLOOR APPROX 750 SQFT.
Gross Income:
MAIN FLOOR $2500/MONTH 2ND FLOOR $1200/MONTH
Features:
NEW COMMERCIAL KITCHEN WITH ALL APPLIANCES & EQUIPMENT INCLUDED.  UPDATED BUILDING.
Building:
POURED CONCRETE FOUNDATION, BRICK & STUCCO EXTERIOR, NATURAL GAS HEAT, NUMEROUS UPDATES


FEATURES & UPDATES:

  • FULLY UPDATED, COMMERCIAL KITCHEN – 2015
    •  FRIDGES
    • COOLERS
    • FREEZER
    • SHELVING
    • FRYERS
    • MICROWAVE
    • TV
  • NATURAL GAS HIGH-EFFICIENCY FURNACE – 2015
  • AIR CONDITIONER – 2015
  • HOT WATER TANK – 2015
  • ELECTRICAL UPDATES – 2015
  • PLUMBING UPDATES – 2015
  • WINDOWS – 2012
  • NEW MAIN FLOOR – 2015
  • RETAIL SPACE APPROX 1150 SQFT

AMENITIES:

  • VERY HIGH WALK-SCORE!
  • 1/2 BLOCK FROM CORNER OF GLADSTONE & BRONSON AV
  • 3 BLOCKS FROM 417 HIGHWAY EXITS
  • TRANSIT NEARBY
  • WALKING DISTANCE TO FUTURE LRT STATION
  • COMMUNITY CENTER NEARBY
  • COMMERCIALLY ZONED FOR MANY USES

 INCOME & EXPENSES:

  • GROSS INCOME BOTH UNITS:   $44,400 ANNUALLY
  • MAIN FLOOR  – $2500/MONTH + 70% OF UTILITIES
  • 2ND FLOOR – $1200/MONTH + 30% OF UTILITIES
  • TAXES – $10,026 (APPROX) – IN 2017
  • HEAT – $2124 (APPROX) – 2016
  • HYDRO – $2616 (APPROX) – 2016
  • WATER – $750  (APPROX)  – 2016
  • INSURANCE – $8325 (APPROX) – 2017
  • *EXPENSES SHARED BY BOTH TENANTS

 

EXCELLENT OPPORTUNITY TO OWN A COMMERCIAL BUILDING IN A PRIME LOCATION!!    TAKE OVER THE EXISTING RESTAURANT OR CONVERT TO NEW RETAIL USE!!

Very solid building with tons of updates (furnace, AC, HWT, windows, electrical, plumbing, & more).    The owner has a built a high-quality commercial kitchen (over $100k of new kitchen equipment) and is fully operational and ready to go.

Owner is willing to sell building without the kitchen equipment at a reduced price.  Contact Listing Agent for details.

Both units are available as vacant possession on closing.   Perfect for owner-run business, or rent out both units separately.   Many possibilities!

This is your chance to get into a prime location in Centertown, with a solid building offering huge potential.   

Building plans, drawings, elevations, expenses: all available upon request.

 

 CHRIS STEEVES

Sales Representative. Residential & Commercial.
Capital Homes Realty
217 – 1419 Carling Ave, Ottawa, ON
Office: 613 744 0356

Visit our website:
WWW.CHRISSTEEVES.CA
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    Agent Chris Steeves

    CHRIS STEEVES - OTTAWA REALTOR
    • Office : 613 744 0356
    • Mobile : 613 262 1697

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