#2 1618 Michael Street, Ottawa - Industrial for Sale
#2 1618 Michael Street, Ottawa, Ontario, K1B3T7
7,116 ft²Listed 27 days ago
Overview
This industrial property in Ottawa is for sale offering roughly 7,116 sq ft of space. It has been on the market 27 days, fresher than the Ottawa average of 62 days.
Exceptional opportunity to own one of the largest units in this sought-after 5-bay business park. This versatile 7,116 sq. ft. industrial condo offers an ideal mix of finished showroom, professional office, and functional warehouse space. 1,000 sq. ft. of finished showroom space plus a permitted 1,000 sq. ft. second-level mezzanine office. The approximately 5,116 sq. ft. warehouse space features 18' - 22' ceiling height and two 14' overhead loading doors providing convenient drive-through access for loading and unloading. This space includes reception area, private offices, kitchenette, washroom, 3-phase 100-amp/600V electrical service with transformer, gas heating, newer A/C unit, and newer hot water tank. Ample on-site surface parking. Zoning IL - Light Industrial, permitting warehouse, office, and select commercial uses. Ideal for an owner-user, contractor, distributor, showroom/warehouse operation, or investor seeking a flexible industrial property. Rarely available, move-in-ready industrial space with excellent access to the Queensway and Highway 417. A must-see for businesses looking for functionality, visibility, and long-term flexibility. (id:66096)
Property Details
MLS®
X13875730
Property Type
Industrial
Zoning
IL
Interior Size
7,116 ft²
Frontage
50 ft
Building Area
7,116 ft²
Heating
Hot water radiator heat, Forced air, Natural gas
Cooling
Partially air conditioned
Property Tax
$19,725.55/yr
Listed
27 days ago
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
27d
Ottawa listings, avg age
62d
Price / ft²
$281
List price
$2.00M
Extended: 27 days on market, against an average age of 62 days across the listings currently for sale in this city
Market timing · days on market0 → 62d avg age of current listings
Extended · day 27
Haho
This industrial in Ottawa has been listed for 27 days, which is 35 days fresher than the city average of 62. Act while there is still low competition.
Listed by ROYAL LEPAGE PERFORMANCE REALTY · Yong Li
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (K1B)
This home lists at $1,999,900, about 20.8× the local median household income of $96,000.
Carrying it typically needs a household income of about $390,650 (20% down, 25-yr amortization, stress-tested) — roughly 307% above the area median.
Median household income
$96,000
Population
17,769
Median age
40.4
Owner / renter
67% / 33%
Avg. household size
2.5
Source: Statistics Canada, 2021 Census (FSA K1B)
$1,999,900· $281/ft²
For sale
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Financing
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