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Investment Opportunity Commercial Asset on Rideau

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Investment Opportunity Commercial Asset on Rideau INVESTMENT OPPORTUNITY 400 RIDEAU STREET COMMERCIAL ASSET ON RIDEAU STREET OTTAWA, ONTARIO, CANADA PROPERTY HIGHLIGHTS • Freestanding commercial investment building with parking in Downtown Rideau • ± 3,500 SF building occupied by TD Bank • Corner of Rideau & Friel Streets, ±13,068 SF site accessible via Rideau and Friel • Close proximity to Byward Market and on a prominent arterial roadway • Rideau Street is a historical mainstreet, a destination location that benefits from a rich assortment of shopping, dining and entertainment • Zoning: TM6 (Traditional Mainstreet) with a permitted height of 19m • Unpriced. Vendor seeks best offering price for this rare investment opportunity PRESENTED BY: AIK ALIFERIS * NICK PANTIERAS MarcusMillichap.ca Commercial Real Estate Broker Commercial Real Estate Broker 20 Queen Street West, Suite 2300 Senior Managing Director, Investments Senior Managing Director, Investments Toronto, Ontario M5H 3R3 [email protected] [email protected] Toronto Direct 416-585-4659 Toronto Direct 416-585-4661 275 Bank Street. Suite 301 Ottawa Direct 613-364-2313 Ottawa Direct 613-364-2333 Ottawa, Ontario K2P 2L6 Marcus & Millichap Real Estate Investment Services Canada Inc., Brokerage » Investment Sales » Retail & Office Leasing » Research » Advisory Services * licensed under Primecorp Commercial Realty Inc., Brokerage INVESTMENT OPPORTUNITY 400 RIDEAU STREET SNAPSHOT OF AREA COMMERCIAL ASSET ON RIDEAU STREET OTTAWA, ONTARIO, CANADA Sandy Hill is a diverse neighbourhood just east of Ottawa’s downtown core. Home to the University of Ottawa, as well as a large percentage of foreign embassies, the neighbourhood contains a wide variety of incomes and residents; new Canadians, post secondary students, and embassy staff all take advantage of the proximity to downtown, Rideau Street and the University. Turn of the century mansions and modern condominiums are clustered along the waterways (Rideau River to the east and the Rideau Canal to the west.) Sandy Hill is becoming one of Ottawa’s most desirable neighbourhoods and new residential developments and high rise condominiums are in high demand. This urban setting is blessed with ample parkland, biking/walking trails, an abundance of amenities located nearby (Rideau Centre, Byward Market) and easy access both to Quebec and Highway 417. PHOTO GALLERY OF 400 RIDEAU STREET & SURROUNDING AREA Marcus & Millichap Real Estate Investment Services Canada Inc., Brokerage Real Estate Investment Sales » Retail & Office Leasing » Research » Advisory Services » MarcusMillichap.ca This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. ©2019 Marcus & Millichap. All rights reserved. INVESTMENT OPPORTUNITY 400 RIDEAU STREET COMMERCIAL ASSET ON RIDEAU STREET OTTAWA, ONTARIO, CANADA EXCLUSIVELY LISTED | FOR MORE ON THIS ASSET AIK ALIFERIS * NICK PANTIERAS Commercial Real Estate Broker Commercial Real Estate Broker Senior Managing Director, Investments Senior Managing Director, Investments [email protected] [email protected] Toronto Direct 416-585-4659 Toronto Direct 416-585-4661 Ottawa Direct 613-364-2313 Ottawa Direct 613-364-2333 * licensed under Primecorp Commercial Realty Inc., Brokerage Marcus & Millichap Real Estate 400 Burrard Street 602-16th Ave NW 20 Queen Street W 275 Bank Street 245 Victoria Avenue Investment Services Canada Inc., Suite 1020 Suite 211 Suite 2300 Suite 301 Suite 605 Brokerage VANCOUVER, British CALGARY, Alberta TORONTO, Ontario OTTAWA, Ontario MONTREAL, Quebec Columbia V6C 3A6 T2M 0J7 M5H 3R3 K2P 2L6 H3Z 2M6 Real Estate Investment Sales » Retail & Office Leasing » Research » Advisory Services » MarcusMillichap.ca This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. ©2019 Marcus & Millichap. All rights reserved..
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