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    For Sale - 623-655 Laurier St Street, Clarence-Rockland, Ontario

    Est payment $9,580/mo
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    Views   1
    Time on Jump  14 day

    AI Summary *

    • Two neighbouring properties offer approximately 20,000 square feet of combined land.
    • Existing rental income comes from a tenanted restaurant and two residential apartments.
    • Hold the properties while exploring future plans for the buildings and land.
    • Near local amenities, Dutrisac Park, the Ottawa River, and Highway 174.
    • Separate titles and zoning designations provide distinct planning considerations.




    An exciting investment and development opportunity in the heart of rockland! Offered together, 623-655 laurier street comprises two neighbouring properties with approximately 20,000 sq. Ft. Of combined land, featuring a tenanted commercial restaurant building and a two-unit residential property. The restaurant generates $54,000 in annual rental income, with approximately three years remaining on its current lease, while the two-bedroom apartments generate a combined $1,850 per month. With existing income in place, investors have the opportunity to hold the properties while exploring their future plans. Located in growing clarence-rockland, which experienced 8. 1% population growth between 2016 and 2021, the properties benefit from proximity to local amenities, dutrisac park, the ottawa river, and highway 174 with convenient access to ottawa and orléans. Whether you're looking to maintain the existing uses, reposition the buildings, or explore future infill or mixed-use development potential, this versatile offering presents an opportunity worth investigating. The properties are held under separate titles and have different zoning designations.
    Listing IDX14120654
    Address623-655 Laurier St Street
    CityClarence-Rockland, Ontario
    Price$1,995,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Gas Forced Air Open

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    Listing Brokerage: SYNERCAPITAL INVESTMENT 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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    623-655 Laurier St Street
    Clarence-Rockland , Ontario
    $1,995,000
    Get more info