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Shopping Centers for Sale in Ottawa
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Shopping Center For Sale in Ottawa
Ottawa, the capital of Canada, boasts a rich and diverse property landscape, with a variety of property types for potential investors or businesses. Among these, shopping centers stand out, making a significant impact on the city's real estate market. Situated at the dense crisscross of the Ottawa and Rideau rivers, Ottawa offers extraordinary connectivity and accessibility for commercial enterprises. Its prime location in Ontario's southern part, accentuated by the lively suburban surroundings, further enhances the allure for robust shopping center activities. The strong presence of a high-tech industry and public service within the city's thriving economy also influences these commercial venues, primarily through substantial consumer activity.
Notably, Ottawa takes pride in its well-established infrastructure and high educational credentials, adding a unique perspective to the commercial real estate realm. Within this vibrant space, other property types such as apartment buildings and restaurants are gradually embedding themselves, creating a wholesome live-work-play environment. Each institution, from University of Ottawa to Carleton University, adds to Ottawa's eclectic demographic mix, thereby incrementing the scope for diverse shopping center concepts. In addition, the city's extensive transportation network, typified by OC Transpo's local bus routes, O-Train light rail, and several free-flowing freeways, ensures seamless connectivity to these commercial hubs. Therefore, with the promise of a conducive environment and substantial 7 listings, Ottawa contributes significantly to the dynamic tapestry of Canadian real estate.
Learn about Shopping Centers for sale in Ottawa
Why should I buy a Shopping Center in Ottawa?
Ottawa presents an outstanding opportunity for owning a Shopping Center due to its robust local economy, expansive transportation network, and high-level of educated residents.
- Ottawa, being the political hub of Canada, sustains a thriving economy characterized by a high household income, with its key sectors including the public service, high-tech industry, and tourism - vibrant factors for encouraging patronage in shopping centers.
- The city boasts an extensive transportation system comprising highways, trains, buses and light rail, along with numerous local and regional airports, ensuring easy accessibility for shoppers to your Shopping Center.
- With a high proportion of university-educated residents and various higher education institutions, Ottawa attracts a diverse, educated consumer base which can be significant for the complex mix of tenants that make up a Shopping Center.
How much does it cost to buy Shopping Centers in Ottawa?
The cost of purchasing a shopping center in Ottawa varies depending on several factors such as location, size, and current market conditions.
- According to our data, we currently have 7 shopping center listings in Ottawa available for purchase, offering variety in options and pricing strata.
- The average price per square foot for shopping centers in this location is $648 CAD, with the average size being 15,299 SF and the maximum size hovering around 42,011 SF.
- Choosing to invest in a shopping center property in Ottawa can be a wise decision given the city's status as a major tourist destination, attracting over 11 million visitors annually, which could potentially result in a steady stream of customers and visitors to the shopping center.
What is the largest Shopping Center available to buy in Ottawa?
The largest Shopping Centre for sale in Ottawa offers a total of 42,011 SF.
- This property stands out as the most extensive one amongst 7 Shopping Centers listed in the city.
- Ottawa's shopping centers are popular spots for locals and the over 11 million tourists who visit the city annually, leading to steady foot traffic.
- With Ottawa's high total household income and the diverse economic backdrop, a Shopping Center of this size is poised to cater to a broad customer base.
What factors should I consider when searching for Shopping Centers in Ottawa?
When searching for Shopping Centers in Ottawa, you should consider the location within the city, the average size for sale, and the prevalent price per square footage.
- Ottawa, the capital city of Canada, is a major hub with an extensive public transport network making certain parts of the city more accessible and hence more desirable for such properties.
- With 15,299 SF being the average size for sale, you should consider your space requirements in the light of the goods and services you would be providing.
- As the average price per square foot stands at $648 CAD, careful financial considerations have to be made.
- Based on these details, Shopping Centers prove to be a good choice in Ottawa, due to the city's large population and status as a prominent economic hub with 7 listings currently available.
How many Shopping Centers are available in Ottawa?
The number of Shopping Centers available in Ottawa is 7.
- Ottawa, the capital city of Canada, has a diverse economy including public service, high-tech industry, and tourism, making it a solid location for Shopping Centers.
- Ottawa's higher education institutions and major tourist destination status attract a large population and bring a steady stream of potential consumers to Shopping Centers in the area.
- The ample availability and variety of Shopping Centers in Ottawa provide investors with multiple opportunities to find properties that align with their specific needs and business goals.
What other commercial properties are available in Ottawa?
In addition to shopping centers, Ottawa has a variety of commercial properties like apartment buildings, restaurants, specialty properties, and office spaces available for sale or rent.
- Apartment buildings can provide a steady income stream, beneficial for those interested in real estate investment.
- Restaurants and specialty properties can cater to the city's significant number of visitors, utilizing Ottawa's status as a major tourist destination.
- Choosing shopping centers as a property type in Ottawa leverages the city’s high total household income and large population base, thereby offering potential for consistent revenue.
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