829 Notre Dame Street, Russell, Ontario, K0A1W1



$2,300,000
Russell
This retail property in Russell is for sale offering roughly 16,478 sq ft of space.
Approx. 7000 square feet of retail commercial/residential space located on the main street (Notre-Dame) with 18 parking spots. The plaza is fully leased with 5 retail tenants and 2 residential tenants. Located in the heart of Embrun, Municipality of Russell with approximately .4 acres, zoned general commercial which allows for many uses. A short drive to Ottawa, Embrun/Russell is experiencing a rapid population expansion, infrastructure investment, and with 300-400 building permits issued annually. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 176 days on market, against an average age of 74 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 98.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This retail in Russell is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,300,000, about 20.0× the local median household income of $115,000.
Carrying it typically needs a household income of about $449,271 (20% down, 25-yr amortization, stress-tested) — roughly 291% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0A)
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