29 Beechwood Avenue (409 MacKay Street) – New Edinburgh/Rockcliffe Retail Plaza for Sale

ADDRESS:409 MacKay Street, Ottawa, ON
PROPERTY TYPE:Retail
LOCATION:East
ZONINGTM8 - Traditional Main Street

Building and Area Highlights

Built by Minto in 2017. This plaza is located centrally adjacent to two of Ottawa’s most historic and sought after neighborhoods. AAA National Tenants include Starbucks, the Bank of Montreal, and LCBO. A highly visible site with constant vehicle and pedestrian traffic.

Price: $9,200,000.00

  • Leasable Area: 16,437 square feet
  • Gross Income*: $736,662.00
  • Operating Expenses: $246,014.00
  • Net Operating Income*: $481,189.00
  • Parking Spaces: 20
  • Zoning: TM8 – Traditional Mainstreet

*Fully stabilized including 5% vacancy factor.

  • Property to be treated as “Free and Clear”
  • Financial proforma, rent roll, and lease summary available upon request and execution of Confidentiality Agreement

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