40 JOLLIET AVENUE, Ottawa
FANTASTIC OPPORTUNITY! Great for owner operator. Half a block from Beechwood and walking distance to Domicile's condo building. Fantastic mixed-use investment opportunity featuring a well-established convenience store with a residential apartment above. Ground floor 2000 sqft retail store rented for $4500 per month (2 + 5 years lease to go). Large 4 bedroom apartment upstairs rented for $2500 per month. Annual gross income of $84,000. The current expenses: Heat is $250, Water is $150, Insurance is $850. The net operating income is $ 71,700. The upstairs tenant pay their own hydro and hot water. The bright, spacious retail space is fully operational and benefits from strong local traffic, excellent visibility, and a convenient location close to shopping, schools, amenities, and public transit. Multiple income streams and long-term growth potential make this an ideal opportunity for investors or owner-operators. A turnkey property in a high-demand location with plenty of upside. Land assembly is also possible. Possibility of redevelopment converted into a large multi unit building with the sale of 40 & 46 Jolliet combined. Area is 3,982.64 ft (0.091 ac). Redevelopment options subject to city of Ottawa approvals and zoning bylaws. (id:25961)
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Details
- Parking Spaces: 7
- Transaction: For sale
- Zoning Description: R4E, R4E-c
Building
- Cooling: Fully air conditioned
- Fireplace Present: False
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 4000 sqft
- Utility Water: Municipal water
Land
- Size Depth: 100 ft
- Size Frontage: 40 ft
- Size Irregular: 40 x 100 FT
This property for sale is located at 40 JOLLIET AVENUE in Ottawa. It was last modified on June 15th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa properties for sale.
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