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For Lease · Retail

1B - 3073 RIVERSIDE DRIVE E, Ottawa

1B - 3073 RIVERSIDE DRIVE E, Ottawa, ON K1V2T2

$55 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

99%

About this property

Prime ground-floor corner commercial unit at The Docks at Mooney's Bay (3073 Riverside Drive)! Exceptional visibility with high-exposure signage opportunities along Riverside Drive, where over 20,000 vehicles pass daily. This bright 1,511 sq ft space has 1 main entrance door and offers natural light from its three rear windows. Delivered in base build condition (open ceiling, basic lighting, fire suppression)-ready for your custom retrofit. Features 100A dedicated electrical service, metered water line, and rough-in plumbing. Includes access to a storefront patio, P1 garbage/recycling room, and 14 shared exterior parking spaces. Ideal for retail, professional offices, personal services, a coffee shop, or a boutique grocer. (Note: No commercial venting; not suitable for full-service restaurants). Triple net lease with no condo fees. Steps from Mooney's Bay Park, transit, and federal offices. Available immediately! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$55
Down payment30% · $17
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$3

Annual cash flow

$-0

Cash-on-cash

-0.68%

DSCR

0.96

Going-in cap

5.34%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

110,098

Households

40,274

Median income

$136,500

Median age

38.2

Daytime population

113,354

5-yr growth

5.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1B - 3073 RIVERSIDE DRIVE E, Ottawa.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.