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Main Photo: 40 JOLLIET AVENUE, Retail, for sale, Ottawa, X13448184
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Status:
Active
Prop. Type:
Retail
MLS® Num:
X13448184
FANTASTIC OPPORTUNITY! Great for owner operator. Half a block from Beechwood and walking distance to Domicile's condo building. Fantastic mixed-use investment opportunity featuring a well-established convenience store with a residential apartment above. Ground floor 2000 sqft retail store rented for $4500 per month (2 + 5 years lease to go). Large 4 bedroom apartment upstairs rented for $2500 per month. Annual gross income of $84,000. The current expenses: Heat is $250, Water is $150, Insurance is $850. The net operating income is $ 71,700. The upstairs tenant pay their own hydro and hot water. The bright, spacious retail space is fully operational and benefits from strong local traffic, excellent visibility, and a convenient location close to shopping, schools, amenities, and public transit. Multiple income streams and long-term growth potential make this an ideal opportunity for investors or owner-operators. A turnkey property in a high-demand location with plenty of upside. Land assembly is also possible. Possibility of redevelopment converted into a large multi unit building with the sale of 40 & 46 Jolliet combined. Area is 3,982.64 ft (0.091 ac). Redevelopment options subject to city of Ottawa approvals and zoning bylaws. (id:2493)
Property Type:
Retail
Total Living Area:
4,000 sq. ft.
Zoning:
R4E, R4E-c
Taxes:
$6,912.23 / -
Community:
3402 - Vanier
Cooling:
Fully air conditioned
Fireplace:
No
Heating:
Forced air, Natural gas
Water:
Municipal water
Lot Frontage:
40'
Lot Details:
40 x 100 FT
Total Parking Spaces:
7
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Listed by REMAX BOARDWALK REALTY
Data was last updated June 25, 2026 at 08:15 AM (UTC)
CHARLES KHOURI
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.