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1317 Wellington Street W, Ottawa, Ontario, K1Y 3B1

MLS® # 1207650

For sale in ottawa, Ontario
$2,550,000

Current rent from single tenant is $112,000.00, triple net. Lease expires September 15, 2020, tenant is willing to remain in place for five (5) years with an option to renew at a rate to be negotiated. The tenant is currently operating on a month to month basis.The current use is a retail dry cleaning plant on 2 floors with great visibility and walk-in traffic. There are eight (8) "feeder" locations (not included in this sale). The brand name "HILLARY'S" is an institution and well known for quality and pride in the dry cleaning trade in the Ottawa area. The trendy "Wellington Village" area is family and business friendly with a strong BIA voice on City Council. The property is an end unit suitable for any type of retail use or as continuation of the existing business. The ground floor space can also be sub-divided to allow for other types of uses, including retail, institutional, special purposes, etc. As a bonus there are eight (8)private parking stalls at the rear of the lot. (id:37464)

Property Details

MLS® Number 1207650
Property Type Vacant Land
Neigbourhood Wellington Village

Building

Fireplace Present No
Utility Power Three Phase
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Sewer Municipal Sewage System
Size Depth 125 Ft
Size Frontage 50 Ft
Size Irregular 0.06
Size Total 0.06 Ac
Size Total Text 0.06 Ac
Zoning Description T.m.

https://www.realtor.ca/real-estate/22303956/1317-wellington-street-w-ottawa-wellington-village

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