2747 CHAMBERLAND STREET — Clarence-Rockland, Ontario

High-exposure freestanding retail/industrial building of 22,278 sq. ft. in Clarence-Rockland, serving Ottawa and the Prescott-Russell region, an area with strong population growth, expanding residential development and limited supply of large-format commercial space. Built in 2007, the building offers 19,708 sq. ft. on the ground floor with a showroom offering an impressive 21-ft clear height and a 56-ft column span, plus a 2,569 sq. ft. second floor with three offices, a boardroom, two washrooms and a kitchenette; ground floor space beneath the mezzanine includes washrooms, an electrical room and storage. Full municipal water, sewer and gas are installed, the building is fully ventilated, heated and air conditioned by three rooftop units, and power is 400 amp, 600 volt, 3-phase. Shipping is served by a large drive-in side door and a side recessed loading dock, currently packed at grade but able to be restored. Commercial-Industrial zoning permits a very wide range of uses including retail, automotive sales and service, warehousing, outdoor storage, medical and office. Available for lease at $20 per sq. ft. net on a triple net basis. The leased premises include approximately 60 paved, lit parking spaces directly in front of and to the east of the building; the surplus lot area is not included in the lease. Vacant and available for immediate occupancy. The property is also offered for sale. The land and building are held under separate PINs: the building on approximately 2.5 acres with its front and east parking is offered at $3,900,000, or the entire 3.54-acre holding, including 1.13 acres of surplus land, offering a combined 113 paved parking spaces, at $4,900,000. The surplus land offers rare in-place expansion capacity, with a concept plan prepared for a single- to two-storey mixed-use building of approximately 10,000 to 15,000 sq. ft., subject to approvals. (id:63357)