Income today, redevelopment potential tomorrow. This approx. 744 m (8,008 sq ft) site on Woodroffe Avenue is zoned MC6 Mixed-Use Centre, which permits apartment, office, medical and mixed-use development, with potential for approx. 16,000 sq ft of gross floor area. The property includes an office with an attached garage, plus a former home converted into a garage office. The garage offers two bays, one equipped with a hoist, and there is a paint booth at the back of the building. Also available is the established Krown rustproofing business operating on site, with a loyal base of returning customers and approx. 50 vehicles a day during high season. Purchase the land and building for $1,499,000, or secure the land, building and Krown business together for $1,800,000 and collect income while you plan your next move. Steps from Algonquin College's Woodroffe Campus and the future Algonquin O-Train Station, in an area the City is actively planning for growth. Neighbouring properties offer potential for a larger land assembly. High traffic and outstanding exposure on a major arterial road. A rare opportunity for a builder, a long-term investor, or an operator ready to take over a trusted business. Please do not approach the business or its employees, the seller is not on site. (id:13843)
| MLS # | X13842000 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 44 |
| Listing Provided By | ROYAL LEPAGE INTEGRITY REALTY | Ayantu Yeshitla |
| SQ Feet | 8,331 |
|---|---|
| Zoning | MC6F(2.0)H(18.5) |
| Fireplace Yes / No | No |
|---|
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 16904 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K2G1V9 |
| Listing VS Median (in K2G1V9) | |
Price: $1,499,000 low | high Med: $1,499,000 sqft: 8,331 low | high Med: 8,331 $ / sqft: $180 low | high Med: $180 On site: 44 low | high Med: 44 | |
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K2G1V9 |
| Listing VS Median (in K2G1V9) | |
Price: $1,499,000 low | high Med: $1,499,000 sqft: 8,331 low | high Med: 8,331 $ / sqft: $180 low | high Med: $180 On site: 44 low | high Med: 44 | |