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363-365 Richmond Rd 7,810 SF 100% Leased Office Building Ottawa, ON K2A 0E7 $6,000,000 CAD ($768.25 CAD/SF)


INVESTMENT HIGHLIGHTS
- Excellent exposure
EXECUTIVE SUMMARY
Welcome to 365 Richmond Road, a beautiful commercial property located in Westboro hitting the market for the first time in over 50 years! A rare and unique opportunity to acquire a stunning 6,000 SF office and retail property with a striking street front address. This property was initially built in 1913 by John E. Cole for the Bank of Ottawa to support the demand for a much needed local financial institution. Currently home to the Frontline Financial Credit Union and to Core Connections Physiotherapy, this property has been serving the community ever since. 365 Richmond Road is nestled in one of the city's trendiest neighbourhood's which hosts an exiting mix of retail boutiques, pubs, cafés, top tier dining experiences, art galleries, the GCTC, health and fitness studios, to name a few, combined with beautiful green landscapes and a connection to nature. In this area, whether you're at work or at home, people have access to walk and cycle alongside the Ottawa River, kayak the nearby rapids or rest at the beach. This property's premium location also includes convenient access to public transit, the highway and several important event centres such as Lebreton Flats, Parliament Hill, Gatineau Park and the Experimental Farm. With 76 feet of premium frontage on Richmond Road, 0.33 acres of land and a large parking lot, this commercial building in Westboro has it all. (41248491)
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
7,810 SF
Building Class
C
Year Built
1991
Price
$6,000,000 CAD
Price Per SF
$768.25 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,905 SF
Slab To Slab
9’
Parking
25 Spaces (3.2 Spaces per 1,000 SF Leased)
AMENITIES
- Banking
- Bus Line
- Security System
- Signage
- Wheelchair Accessible
- Outdoor Seating
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Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (70)
Bike Score®
Biker's Paradise (99)
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363-365 Richmond Rd
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