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5791 Prince of Wales dr 14,867 SF Retail Building North Gower, ON K0A 2T0 $4,900,000 CAD ($329.59 CAD/SF)

Investment Highlights
- Prime high-visibility location on Prince of Wales Drive with exposure to approximately 41,000 vehicles daily (15 million annually) near Highway 416.
- Fully equipped with 14 offices, 6 washrooms, a large kitchen, kitchenette, private well & septic, and oil-water separators, offering strong infrastruc
- Expansive 5.1-acre property featuring a well-maintained building with a purpose-built showroom ideal for RV or vehicle display
- Secure income-producing asset leased to Myers Manotick with escalating rents from $32,500/month through 2027.
Executive Summary
Located on High Visibility Prince of Wales Drive Ottawa. This Exceptional Commercial Property offers Outstanding Exposure with 41,000 Vehicles passing daily which is 15 Million Cars/Year which drive on Highway 416 past this Location, Car Canada was originally built in 1996 with an addition constructed in 1997. There are Private Services of Well & Septic. Oil water separators are Included. Situated on 5.7 Acres, the property features an Exceptional Commercial Showroom Space, with Maintenance area adjoined to It. This well-maintained commercial property offers a unique functional building ideal for a variety of business uses. A standout feature is the purpose-built showroom designed for RV or vehicle display. This impressive space offers high ceilings and abundant natural light, and 14 well-appointed offices and utility areas complete the layout. There is a total of 6 Washrooms, and one large Kitchen and one Kitchenette. The building is in excellent condition and ready for immediate use. This is a rare opportunity to acquire a flexible commercial property with strong infrastructure and move-in-ready facilities. The property is leased to Myers Manotick for $32,500/month gross (around $20.00 sqf net) from April 01, 2024 to March 31, 2026 increasing to $35,000.00 month gross (around $22.00 sq ft net) from April1, 2026 to April 30, 2027.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
14,867 SF
Year Built
1996
Price
$4,900,000 CAD
Price Per SF
$329.59 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
5.12 AC
Zoning
RC3(61r) - Rural Commercial
Parking
339 Spaces (22.8 Spaces per 1,000 SF Leased)
Frontage
466’ on Ottawa 73
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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5791 Prince of Wales dr
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