For Sale · Office

806 GREENBANK ROAD, Ottawa

806 GREENBANK ROAD, Ottawa, ON K2J1A2

$2.6M total

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Asset Class

Office

Size

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Building class

C

Zoning

CB2 — Central Business

$ / SF

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Occupancy

95%

About this property

Premier Stand-Alone Commercial Building in Barrhaven - Priced to Sell. Rare opportunity to acquire a high-profile stand-alone commercial building in the heart of Barrhaven, one of Eastern Ontario's fastest-growing communities. Located on a major arterial road, this property offers exceptional visibility, excellent accessibility, and flexible CM2 zoning permitting a wide range of commercial uses, including retail, medical, dental, professional services, personal services, and more. Formerly home to a successful neighbourhood grocery store for nearly 40 years and, more recently, a national insurance brokerage, the property offers proven commercial history and outstanding owner-user or investment potential. Well maintained and professionally designed, the building features strong street presence, a rooftop patio, 17 private parking spaces, and excellent access to Highway 416, public transit, VIA Rail, Park & Ride, and nearby amenities. Existing furnishings are included for immediate occupancy or future customization. Features: Flexible CM2 zoning Stand-alone commercial building Existing furnishings included Rooftop patio (~350 sq. ft.) Finished lower level. 17 parking spaces.Building Area: Main & Second Floors: 3,060 sq. ft. Finished Lower Level: 1,226 sq. ft. Offered at $2,595,000. A rare opportunity to own one of Barrhaven's few stand-alone commercial buildings in a premier location with exceptional visibility and long-term growth potential. *For Additional Property Details Click The Brochure Icon Below* (id:66811)

Financial sandbox

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Estimate
Purchase price$2.60M
Down payment30% · $779K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$151K

Annual cash flow

$7K

Cash-on-cash

0.88%

DSCR

1.05

Going-in cap

5.80%

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

61,504

Households

23,620

Median income

$88,000

Median age

45.1

Daytime population

87,063

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 806 GREENBANK ROAD, 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.