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    For Sale - 1027 Notre Dame Street, Russell, Ontario

    Est payment $13,878/mo
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    Views   4
    Time on Jump  131 day

    AI Summary *

    • High-visibility corner property in a rapidly growing commercial area.
    • Approximately 40,000 sq. ft. of usable space with diverse potential.
    • Zoned for mixed-use development with potential for five storeys.
    • Flexible space with high ceilings, suitable for various commercial uses.
    • Stable income from long-term tenants with potential for lease optimization.




    High-exposure mixed-use investment & redevelopment opportunity - embrun growth corridor. Rare opportunity for investors and developers to acquire a high-visibility corner asset in one of embrun's fastest-growing commercial corridors. Positioned on a prominent site with strong street frontage and steady daytime traffic, this property offers both stable in-place income and significant long-term upside. The building consists of approximately 25,000 sq. Ft. Above grade plus a full basement, totaling nearly 40,000 sq. Ft. Of usable space. Zoned for mixed-use development with potential approval for up to five storeys, the property presents a compelling opportunity for future intensification, redevelopment, or strategic repositioning. The rear section features 16-foot clear ceiling heights and a functional loading dock, allowing for a wide range of commercial uses including retail, warehouse, light industrial, or service-based operations. The site also includes 41 on-site parking spaces. Currently occupied by four established long-term tenants, the property generates stable income with additional value-add potential through lease optimization and repositioning of available space. With a strong existing noi of approximately $191,000, 6. 62% cap rate, investors can benefit from immediate cash flow while planning future redevelopment or rent growth strategies. This is a rare chance to secure a multi-tenant commercial asset in a high-growth area with both income stability and clear development upside. Please do not disturb tenants or staff. Exterior viewing only. All interior showings by appointment through the listing agent during business hours.
    Listing IDX12805176
    Address1027 Notre Dame Street
    CityRussell, Ontario
    Price$2,890,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major Highway, Recreation/Community CentreBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Agency:  EXIT RESULTS REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1027 Notre Dame Street
    Russell , Ontario
    $2,890,000
    Get more info