1310 Woodward Av
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1310 Woodward Av
3,500 SF 100% Leased Office Building Ottawa, ON K1Z 7V8 $1,690,000 CAD ($483 CAD/SF)
Investment Highlights
- Prime corner location on Merivale
- 2-bedroom unit with rental income
- Zoned TM for retail/office use
Executive Summary
Located at the corner of Merivale and Woodward, this mixed-use building offers 3,500 SF of space spread over three levels, with a large lot and 12 parking spaces, plus the possibility to add more at the front. Zoned TM, the property is ideal for retail or office use. The main and lower floors were previously used as professional offices and retail space. The second floor features a 2-bedroom unit (approx. 1,000 SF) currently rented for $30,000/year plus hydro, with a large balcony overlooking the parking area. The main floor (approx. 1,250 SF) is owner-occupied, with potential market rent of $43,750/year plus hydro. The lower level includes an additional 250 SF of commercial space and a unit at the back, previously a catering service, that needs finishing. Future land assembly potential. Restricted showings. The property is located at 978 Merivale Rd.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
3,500 SF
Building Class
C
Year Built
1980
Price
$1,690,000 CAD
Price Per SF
$483 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,167 SF
Slab To Slab
8’
Amenities
- Bus Line
- Signage
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Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (81)
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1310 Woodward Av
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