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Business For Sale · Specialty

3465 MCBEAN STREET, Ottawa

3465 MCBEAN STREET, Ottawa, ON K0A2Z0

$699,000 total

12,992.03 SF

Asset Class

Specialty

Size

12,992.03 SF

Building class

B

Zoning

US — Urban Services

$ / SF

$54

Occupancy

89%

About this property

OPEN HOUSE THIS SUNDAY 2-4PM >>> A rare commercial opportunity in the heart of Richmond! This approx. 210-ft-deep L-shaped property offers TWO separate road accesses and flexible VM8 zoning permitting a wide range of COMMERCIAL, LEISURE, INSTITUTIONAL & RESIDENTIAL uses. The property includes an extensively renovated circa-1900 building with 4 bedrooms, 2 bathrooms, spacious principal rooms and significant recent improvements. Operate, invest, convert or explore the possibilities-a unique property offering location, access, character and exceptional flexibility. Buyer to verify intended use with the City of Ottawa. Also listed under residential X13749428 (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$699K
Down payment30% · $210K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$44K

Annual cash flow

$6K

Cash-on-cash

2.72%

DSCR

1.15

Going-in cap

6.36%

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.

Rent roll (estimated)

TenantAreaExpiry
Cascade Foods Inc.11,576 SF2027-07

Area demographics

Trade area within 3 miles of the property.

Population

143,690

Households

66,414

Median income

$134,000

Median age

39.4

Daytime population

163,479

5-yr growth

7.2%

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

Secure deal room

Confidential diligence documents for 3465 MCBEAN STREET, 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.