140 Hinchey Avenue Ottawa, Ontario K1Y 1L4

10828 sqft
None Other

$2,195,000

Opportunity knocks with this prime 10,828.48 sq.ft. parcel (outlined in RED) located approximately 500 metres from the Tunney's Pasture LRT Station. The property is currently improved with an income-generating parking lot and a separate specialty automotive repair/collision facility, offering both holding income and future redevelopment flexibility. A wide range of possibilities exist: maintain the current legal non-conforming commercial use, occupy as an owner-user, pursue a potential severance, redevelop part or all into a low-rise residential project, or assemble with neighbouring parcels to maximize density potential. For developers and investors seeking an assembly opportunity, the property may be combined (at additional cost) with 143 Forward Avenue (duplex; PIN 040960062; 4,919 sq.ft.) and 144 Hinchey Avenue (duplex; PIN 040960073;2,454.17 sq.ft.), with the potential to also incorporate a closed City of Ottawa parcel (PIN 040960270; 742.71 sq.ft.) and 148 Hinchey Avenue (duplex; PIN 040960074; 2,701.74 sq.ft.), for a total potential assembly of approximately 21,746.10 sq.ft (area outlined in YELLOW). FOTENN Development Options Report, income/expense statements, rent roll, and supporting due diligence materials available upon execution of a signed NDA. (id:44758)

商业信息

商业类型 Automobile
商业子类型 Automotive

房源概要

MLS® Number X12813584
房源类型 Retail
社区名字 4201 - Mechanicsville
附近的便利设施 公共交通

详 情

Age 51 To 99 Years
空调 没有
供暖类型 Other
内部尺寸 10828 Sqft
设备间 市政供水

土地

英亩数
土地便利设施 公共交通
土地深度 215 Ft ,8 In
土地宽度 50 Ft ,2 In
不规则大小 50.21 X 215.71 Ft
规划描述 R4ud

https://www.realtor.ca/real-estate/29390952/140-hinchey-avenue-ottawa-4201-mechanicsville