For sale 50$3,500,000
4 bed5,074 sq ft
178 Main Street
Ottawa East, Ottawa
4 months agoMLS® X13225030
ENGEL & VOLKERS OTTAWA
$3,600,000
159 Colonnade Road
Merivale Industrial Park/Citiplace, Ottawa, Ontario K2E7J4
For sale· Added
10,901 sqft
About this property
Freestanding building with ample parking in the established Colonnade Business Park. Three in-place tenants generate $91,445 of Year 1 basic rent. Owner-user occupies 4,589 SF (42%) vacant on closing. The 10,901 SF flex building sits on 0.88 acres in Colonnade Business Park with IM zoning, 6 bays, a partial 2nd-floor office, and recent roof, paving, and HVAC capex. 600A 240V 3-Phase + 225kVA available, sized for industrial owner-occupants and trades. Ideal for industrial owner-occupants who want immediate space plus income, with room to absorb the leased portion as tenant rolls open. Phase I ESA clean (April 2026).
Location
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Property details
Listing
- MLS® number
- X13160928
- Added
- May 22, 2026 ()
- Updated
- May 22, 2026 ()
- Info refreshed
Overview
- Property type
- Industrial
Inside
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Fireplace
- No
Building
- Parking
- 25 spaces
Land
- Lot size
- 86 x 300 ft
- Zoning
- IM
Services
- Water
- Municipal water
Location
- Cross streets
- Colonnade Road and Merivale Road
- Directions
- Colonnade Business Park. Walking distance to Costco, Rona, Canadian Tire (Merivale &Hunt Club node).
Running costs
- Annual property tax (2025)
- $32,130
$3,600,000
159 Colonnade Road
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