Industrial Properties for Sale in Ottawa
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Industrial Property For Sale in Ottawa
Ottawa, the capital city of Canada, is a hub of industry standing at the confluence of the Ottawa River and Rideau River, and it borders Gatineau, Quebec. The city, serving as the core of the Ottawa–Gatineau metropolitan region and National Capital Region, is teeming with over 1 million residents. Ottawa is not only steeped in rich political history as the seat of Canadian Parliament, but also garners significant attention as the fourth-largest city in Canada. It is here where investors and entrepreneurs can find 37 industrial properties listed for sale, highlighting the significance and potential of the commercial real estate market in Ottawa.
The city's industrial properties benefit from a well-connected transit system managed by OC Transpo, underlining the ease of accessibility integral for robust industrial operations. With Ottawa's impressive network of freeways, such as Highway 417 and Highway 416, along with the Ottawa station, the main inter-city train station, these industrial properties are optimally positioned for operations involving extensive logistics. Moreover, Ottawa is home to internationally esteemed higher education institutions like the University of Ottawa and Carleton University, suggesting the existence of educated talent and a potential workforce in close proximity to these industrial properties. Such a scenario further enhances the appeal of available properties for investors looking to venture into other real estate domains as well, such as warehouses and commercial real estate, demonstrating the diversity and the vibrant, yet efficient, working environment Ottawa provides.
Learn about Industrial Properties for sale in Ottawa
- Ottawa's status as the capital city, the presence of high ranking institutions like the Parliament, Supreme Court, and prominent universities increases the demand for various services and goods, underpinning the need for industrial establishments.
- With substantial transport infrastructure including a far-reaching public transit system, the O-Train light rail system, and an extensive network of freeways, Ottawa ensures efficient logistics and transport connectivity essential for industrial establishments.
- The industrial property, with its 37 listed in Ottawa, is a smart investment choice considering the city's high total household income and its diversified economy, which emphasizes public service, high-tech industry, healthcare and tourism, generating constant demand for industrial goods and services.
How much does it cost to buy an Industrial Property in Ottawa?
The cost of purchasing an Industrial Property in Ottawa varies depending on factors such as size, location, and features of the property.
- The average price per square foot for Industrial Properties in Ottawa is $417 CAD.
- You can find a wide range of Industrial Properties in Ottawa, with sizes ranging from relatively smaller spaces to properties with a size as large as 50,000 SF.
- Industrial properties are a solid choice in Ottawa due to the city's well-established infrastructure and secure economy, contributing to a stable real estate market with 37 Industrial listings available for sale.
Question: What is the largest Industrial Property available to buy in Ottawa?
The largest Industrial Property available to buy in Ottawa is sized up to 50,000 SF.
- The Ottawa real estate market has 37 listings for Industrial Properties, catering to various size and price requirements.
- The average size of the Industrial Properties listed for sale is about 7,187 SF, with properties available in diverse dimensions tailored to different needs.
- Given Ottawa's diversified economy, strong public service sector, and excellent connection with highways and railways, Industrial Properties offer substantial opportunities for businesses that require ample space for operations and logistics.
What factors should I consider when searching for Industrial Properties in Ottawa?
Prioritize factors such as finding a property of your desired size, focusing on properties within your budget based on average costs, and considering properties in areas with significant economic activities.
- The average size of industrial properties for sale in Ottawa is 7,187 SF, with some properties providing up to 50,000 SF in space, making size a crucial consideration.
- In terms of budget, the average price per square foot for industrial properties in Ottawa is $417 CAD helping to guide your purchase decisions.
- Ottawa's economy is dynamic, with robust sectors like the public service, high-tech industry, and tourism, making it an ideal location for industrial properties, which often benefit from a strong local economy.
How many industrial properties are available in Ottawa?
There are 37 industrial properties available in Ottawa.
- Ottawa, as the fourth-largest city in Canada, offers a variety of opportunities for industrial real estate developments.
- The city's strategic location at the confluence of Ottawa River and Rideau River, as well as its interconnected network of highways and public transit, provides ease of access and transportation for industrial operations.
- Given Ottawa's robust economy with key sectors like high-tech industries and public service, industrial properties particularly stand to benefit from the city's diverse economic dynamics and high total household income levels.
What other commercial properties are available in Ottawa?
Ottawa offers a diverse range of commercial properties beyond Industrial Properties, including Warehouses, Land, Apartment Buildings, and other Commercial Real Estate.
- Ottawa is home to various Warehouses for sale which can cater to businesses of all sizes with average size for sale being 7,187 SF and the maximum size for sale being 50,000 SF.
- The capital city also offers ample Land listings, ideal for businesses looking to customize their property to fit their specific needs.
- Lastly, choosing Industrial Properties in Ottawa can be advantageous due to their suitability across a range of business types combined with the current availability of 37 listings in this category.
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