376-396 Flora Street Carleton Place, Ontario

FOR SALE 376-396 FLORA STREET CARLETON PLACE, ONTARIO

BRIDGE STREET N

MCKENZIE STREET 376-396 FLORA STREET

FLORA STREET

TOWNLINE ROAD WEST

JOSEPH STREET 376-396 FLORA STREET | CARLETON ONTARIO PLACE, CBRE | MARKETING FLYER THE OPPORTUNITY

CBRE Limited (“CBRE” or the “Advisor”) has been retained by the Vendor to act as its exclusive advisor to facilitate the sale of 376-396 Flora Street (the “Property”), a multi-tenanted commercial building located in Carleton Place, Ontario. The 1.6-acre property is comprised of a single-storey building totaling 15,389 sq. ft. of rentable area, currently demised into eight units ranging in size from 996 to 3,640 sq. ft. with parking for up to 90 vehicles. The building is currently leased to one tenant on a month-to-month basis providing an excellent opportunity for an owner-occupier or value-add investor.

With an ideal site configuration and approximately 68,321 sq. ft. of land area located firmly within an established residential community, the Property provides a potential opportunity for mixed-use development.

PROPERTY DETAILS

Address 376-396 Flora Street, Carleton Place, Ontario

PIN 053010142

Legal Description CON 6 PT LOT 1 PLAN 1222 PT PARK 30 RP 26R761 PART1

Building Size 15,389 sq. ft.

Land Size 1.6 acres

Dimensions Frontage is 325.29 feet and Depth is 210 feet

Property Taxes $37,690.45 (Final 2016)

Zoning Community Commercial

ASKING PRICE $990,000.00

2 376-396 FLORA STREET | CARLETON ONTARIO PLACE, CBRE | MARKETING FLYER THE OPPORTUNITY

FLOOR PLAN | EXISTING BUILDING 227 F

5m 10m 20m 6360

MEASUREMENTS TAKEN TO CENTERLINE OF E DEMISING WALLS, OUTSIDE FACE OF EXTERIOR WALLS & INSIDE FACE OF GLASS

T. N P.N. . 3,640.4 RSF 7476

Cx 36600 2549 4954 C

2,599.6 RSF 2,287.6 RSF 1,963.6 RSF 996.8 RSF 1,000.0 RSF 1,778.2 RSF 1,123.6 RSF 7488 DEMISING WALL: DEMISING WALL: DEMISING WALL: 10" CONCRETE BLOCK 8" CONCRETE BLOCK 8" CONCRETE BLOCK

ROOF HATCH ABOVE

ELEC. 7319 10 m² 8" CONCRETE (107.6 sq. ft) BLOCK A

227 7620 7620 8782 6096 6096 6096 6096 6096 7620 7620 70070

1 2 3 3a 4 4a 5 5a 6 7 8

FLORA PLAZA GROUND FLOOR AREA PLAN 1 : 200 4 376-396 FLORA STREET | CARLETON ONTARIO PLACE, CBRE | MARKETING FLYER NODE OVERVIEW | CARLETON PLACE

Carleton Place is a rapidly growing town in Eastern Ontario approximately 25 kilometers west of Kanata, located at the cross roads of Highways 7 and 15. With several established homebuilders taking large positions in town, Carleton Place has established itself as an excellent option for an Ottawa West bedroom community. According to the 2016 Census, Carleton Place grew by 8.1% to almost 11,000 residents and the community is poised to continue this growth with approximately 3,000 new and approved residential units.

376-396 Flora Street offers an excellent opportunity for either an owner user to establish their business in the mature, well established residential node at the north end of town, or for a residential developer to build mid- density product. There is excellent development potential for the Property given its location adjacent to the existing Beer Store and Circle K locations.

POPULATION HOME TO THE OF CARLETON PLACE CARLETON PLACE CANOE CLUB 10,644 Canada Census, 2016

6 7 376-396 FLORA STREET | CARLETON ONTARIO PLACE, CBRE | MARKETING FLYER PROPERTY PHOTOS

8 9 376-396 FLORA STREET | CARLETON ONTARIO PLACE, CBRE | MARKETING FLYER ZONING - COMMUNITY COMMERCIAL

The Community Commercial designation applies to small neighbourhood scale commercial development SURVEY intended to serve local needs.

PERMITTED USES • Animal Care • Personal Service Business • Art Gallery • Propane Refilling Outlet • Artisan’s Studio • Restaurant • Bank • Retail Store • Convenience Store • Studio • Gas Bar • Veterinary Establishment • Office

DISCRETIONARY USES • Automobile Service Station

DEVELOPMENT STANDARDS

SITE PROVISIONS REQUIREMENTS

Lot Area (minimum) Nil

Lot Coverage (maximum) 60%

Lot Frontage 15 metres (49.2 feet)

4.5 metres, minimum (14.7 feet) Front Yard Build Within Area 7.5 metres, maximum (24.6 feet) 4.5 metres, minimum (14.7 feet) Exterior Side Yard Build Within Area 7.5 metres, maximum (24.6 feet) 3.0 metres (6.5 feet) where lot abuts residential use Interior Side Yard (minimum) 1.0 metre (3.2 feet) where lot abuts any other designation

Rear Yard Depth (minimum) 9 metres (29.5 feet)

Usable Landscaped Open Space in the rear yard (minimum) 20% of the lot area

Building Height (maximum) 11 metres (36 feet)

No Encroachment Area from front or exterior side lot line 2.5 metres (8.2 feet)

ADDITIONAL PROVISIONS 1. Uses are limited to a maximum of 2,000 square meters (21,528 square feet). 2. No outside storage is permitted. 3. All discretionary uses are required to submit a full drawing set as determined by the Director of Planning and Development and subject to a Class II Development permit approval stream. 4. Parking areas are to be screened and a minimum of 1.5 metres (4.9 feet) of open landscaped space shall be provided between the street and the parking area.

*All zoning information herein is from the Corporation of the Town of Carleton Place 10 11 +

CBRE Limited, Real Estate Brokerage 333 Preston Street 7th Floor | Ottawa, Ontario | K1S 5N4 | T +1 613 782 2266 | F +1 613 782 2296 | www.cbre.ca

ERIK FALARDEAU* DANIEL NIEDRA Vice President Sales Representative +1 613 788 3791 +1 613 691 2113 [email protected] [email protected]

*Sales Representative

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