haho.ca
$4,900,000
For sale

5791 Prince Of Wales Drive, Ottawa - Business for Sale

5791 Prince Of Wales Drive, Ottawa, Ontario, K4M1A5

Listed 177 days ago
Overview

This business in Ottawa is for sale.

Description

Located on High Visibility Prince of Wales Drive Ottawa. This Exceptional Commercial Property offers Outstanding Exposure with 41,000 Vehicles passing daily which is 15 Million Cars/Year which drive on Highway 416 past this Location, Car Canada was originally built in 1996 with an addition constructed in 1997. There are Private Services of Well & Septic. Oil water separators are Included. Situated on 5.7 Acres, the property features an Exceptional Commercial Showroom Space, with Maintenance area adjoined to It. This well-maintained commercial property offers a unique functional building ideal for a variety of business uses. A standout feature is the purpose-built showroom designed for RV or vehicle display. This impressive space offers high ceilings and abundant natural light, and 14 well-appointed offices and utility areas complete the layout. There is a total of 6 Washrooms, and one large Kitchen and one Kitchenette. The building is in excellent condition and ready for immediate use. This is a rare opportunity to acquire a flexible commercial property with strong infrastructure and move-in-ready facilities. The property is leased to Myers Manotick for $32,500/month gross (around $20.00 sqf net) from April 01, 2024 to March 31, 2026 increasing to $35,000.00 month gross (around $22.00 sq ft net) from April1, 2026 to April 30, 2027. (id:66096)

Property Details

MLS®
X13123212
Property Type
Business
Zoning
RC3(61r), Rural Commercial
Lot Size
5.73 acres
Frontage
230 ft
Heating
Hot water radiator heat, Natural gas
Cooling
Fully air conditioned
Property Tax
$48,481.79/yr
Listed
177 days ago

Market Timing

Days on market
177d
Ottawa listings, avg age
62d
List price
$4.90M

Long Listed: 177 days on market, against an average age of 62 days across the listings currently for sale in this city

Haho

This business in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by RE/MAX HALLMARK REALTY GROUP · Brad Closs

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K4M)

This home lists at $4,900,000, about 33.6× the local median household income of $146,000.

Carrying it typically needs a household income of about $957,142 (20% down, 25-yr amortization, stress-tested) — roughly 556% above the area median.

Median household income
$146,000
Population
14,380
Median age
43.2
Owner / renter
90% / 10%
Avg. household size
2.7

Source: Statistics Canada, 2021 Census (FSA K4M)

$4,900,000
For sale

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Financing

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$4,900,000

Ottawa

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