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MLS® X14120654

Overview

Key Facts

Type 
Levels Commercial Sale
Size 16590 sqft
Garage 
Taxes $6,500
Days Active 1
Lot Size 
Approx. Age 
Avg. Price Per Sqft $120
MLS® Number X14120654

Property Address: 623-655 Laurier St, Rockland, ON, K4K1E7

Average square foot calculated using Size range provided by listing agent.

Description

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. (id:58753)Show Description
MLS® NumberX14120654
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
HeatForced air, Natural gas
A/CPartially air conditioned

Extras

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