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For Lease · Retail

1A - 3073 RIVERSIDE DRIVE E, Ottawa

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

$55 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

82%

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 1,559 sq ft space offers natural light from its corner position, dual access via front and rear courtyard doors, and two 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
Occupancy82%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$-1

Cash-on-cash

-4.80%

DSCR

0.74

Going-in cap

4.10%

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

134,300

Households

54,552

Median income

$130,000

Median age

36.6

Daytime population

146,669

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 1A - 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.