Commercial Real Estate for Sale in Ottawa
Commercial Real Estate Property For Sale in Ottawa
Ottawa, the renowned capital city of Canada, is placed within the confluence of the Ottawa and Rideau rivers in the province of Ontario. With a robust populace, surpassing a million in the city proper and nearing to 1.5 million in the metropolitan area, Ottawa's socio-educational status is fortified with an above-average concentration of university-educated citizens. The city enjoys the privilege of hosting esteemed higher education institutions like the University of Ottawa and Carleton University, amongst others. Other notable elements adding value to this city's dynamic layout are the Ottawa Macdonald–Cartier International Airport, the comprehensive public transit system managed by OC Transpo, and the main inter-city train station operated by Via Rail.
The commercial real estate market in Ottawa, with a grand count of 197 listings available, breathes of opportunities and potential ventures. Strategically positioned commercial properties for sale offer prospective businesses a spot in Canada's vibrantly political center. Meanwhile, the city's illustrious industrial properties mark a place in the thriving high-tech industry, contributing immensely to the Ottawa-Gatineau economy. Proximity to renowned educational institutions makes office spaces in Ottawa an unbeatable preference. Furthermore, with an annual visitor inflow of billions, the hospitality industry in Ottawa is buzzing, hence making it a promising locale to invest in hotels. In short, Ottawa's commercial landscape offers a gamut of opportunities.
Learn about Commercial Real Estate for sale in Ottawa
Why should I buy a commercial real estate in Ottawa?
Purchasing a commercial real estate in Ottawa can be a strategic move due to the city's robust economy, efficient transportation system, and status as Canada's political center.
- Ottawa boasts a thriving economy with key sectors including public service, high-tech industry, and tourism. The rural economy alone contributes over $1 billion to the GDP, pointing to promising prospects for commercial real estate.
- This city provides effective land, air, and rail transport services, including the O-Train light rail and Via Rail. Efficient transport system can be advantageous for businesses in your commercial property.
- As the political hub of Canada, housing numerous government and educational institutions, Ottawa presents consistent demand for commercial spaces. This supports the opportunity of having 197 listings for commercial properties in the city.
How much does it cost to buy a Commercial Real Estate in Ottawa?
The cost of Commercial Real Estate in Ottawa averages at a price per sqft of $629 CAD.
- The average size of Commercial Real Estate for sale in Ottawa is 10,021 SF sqft, which should be considered when assessing potential costs.
- The largest size Commercial Real Estate available for sale in Ottawa is 74,936 SF sqft, therefore gaining an understanding of the range in property sizes can help guide investment decisions.
- With a total of 197 listings specific to this property type in the region, Commercial Real Estate offers a diverse selection for potential investors or business owners seeking to establish a foothold in Ottawa.
What is the largest Commercial Real Estate available to buy in Ottawa?
The largest Commercial Real Estate property available to buy in Ottawa offers a maximum size of 74,936 SF.
- The average size of available Commercial Real Estate in Ottawa is 10,021 SF.
- The availability of Commercial Real Estate listings in Ottawa is quite diverse with 197 listings currently on offer.
- As a major business, political, and educational hub in Canada, Ottawa provides an environment conducive to successful operation of Commercial Real Estate properties, making it a great choice for investors and business operators.
What factors should I consider when searching for a Commercial Real Estate in Ottawa?
You should consider the location's socioeconomic condition, the size and price of the property, and the opportunities the Commercial Real Estate brings to the city of Ottawa.
- Ottawa, being the capital city of Canada and housing diverse higher education institutions, it provides a rich market for businesses, which is particularly beneficial for Commercial Real Estate investments.
- The properties in Ottawa varies in size, with an average of 10,021 SF and a maximum size of 74,936 SF, and the reasonable price of $629 CAD per square foot, makes it feasible to find a property matching your business requirements.
- The high household income and the key sectors in Ottawa like public service, high-tech industry, etc., supplement the Commercial Real Estate market making the investment a wise choice with currently 197 listings to choose from.
How many Commercial Real Estates are available in Ottawa?
In Ottawa, there are currently 197 Commercial Real Estates available.
- This listing count is a reflection of the dynamic property market in Ottawa, with numerous opportunities for commercial real estate investments.
- The sheer number of listings indicates a bustling marketplace which ranges in scope and caters to a variety of needs and budgets.
- Opting for a Commercial Real Estate in Ottawa is a sound selection due to the city's economic structure, characterized by a mixture of public service, high-tech industry, and tourism, hence providing a favorable environment for commercial establishments.
What other commercial properties are available in Ottawa?
Ottawa not only offers commercial real estate but also has a variety of other properties, ranging from industrial properties to apartment buildings, office spaces, and hotels.
- Ottawa's diverse property market includes industrial properties which are suited to various types of businesses and can provide ample space for operations and storage.
- Apartment buildings and office spaces are also options, as Ottawa boasts a concentrated population and a variety of businesses due its status as the capital city of Canada, enhancing demand for these types of properties.
- Commercial real estate remains a strong choice given the 197 listings available, offering a significant range of average size 10,021 SF, maximum size 74,936 SF, and average price per square foot $629 CAD, potentially meeting a variety of business needs.