Business For Sale · Industrial

33 - 2000 THURSTON DRIVE, Ottawa

33 - 2000 THURSTON DRIVE, Ottawa, ON K1G4K7

$389,000 total

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Asset Class

Industrial

Size

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Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

82%

Clear height

24 ft

Loading docks

2

About this property

An exceptional opportunity to acquire a sophisticated and highly versatile commercial condominium at 2000 Thurston Drive, ideally positioned within Ottawa's established business and employment district. Offering approximately 2,600 sq. ft. across two levels, with approximately 1,300 sq. ft. per floor, this professionally appointed property combines refined presentation, functional design, income-producing potential, and long-term flexibility. The well-designed interior is suited to a broad range of professional, office, consulting, medical, and service-oriented uses, featuring multiple private offices, dedicated work areas, conference facilities, reception areas, washrooms, and a kitchenette. The fully furnished lower level further enhances the offering with three private offices, a boardroom, reception area, and washroom, creating a turnkey environment for seamless operations. The property is complemented by 13 dedicated parking spaces, including five double spaces and three single spaces, providing exceptional convenience for occupants and visitors. Currently leased to an established tenant, the property offers an attractive investment opportunity while maintaining future owner-user potential, with possession available upon 60 days' notice, subject to the existing lease. Conveniently located near Thurston Drive, Conroy Road, Highway 417, and major arterial routes, the property provides excellent access to Ottawa's key employment, commercial, and residential areas. Nearby amenities include restaurants, retail, banking, fitness facilities, and a wide range of professional services. Combining versatile commercial space, established tenancy, turnkey functionality, exceptional parking, and future flexibility, 2000 Thurston Drive represents a compelling opportunity to secure a distinguished commercial asset in a well-connected Ottawa business corridor. Viewings are strictly by appointment. (id:66811)

Financial sandbox

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Estimate
Purchase price$389K
Down payment30% · $117K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$19K

Annual cash flow

$-2K

Cash-on-cash

-1.96%

DSCR

0.89

Going-in cap

4.95%

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

64,988

Households

24,070

Median income

$91,500

Median age

45.9

Daytime population

60,353

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 33 - 2000 THURSTON DRIVE, 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.