1027 NOTRE DAME STREET, Russell

2026-02-20
 

Quick Summary

Location
1027 NOTRE DAME STREET, Russell, Ontario K0A1W0
Price
$2,890,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
25000 sqft
Garages:
41
Video Link:

MLS®#X12805176

Property Description

High-Exposure Mixed-Use Investment & Redevelopment Opportunity - Embrun Growth Corridor. Rare opportunity for investors and developers to acquire a high-visibility corner asset in one of Embrun's fastest-growing commercial corridors. Positioned on a prominent site with strong street frontage and steady daytime traffic, this property offers both stable in-place income and significant long-term upside.The building consists of approximately 25,000 sq. ft. above grade plus a full basement, totaling nearly 40,000 sq. ft. of usable space. Zoned for mixed-use development with potential approval for up to five storeys, the property presents a compelling opportunity for future intensification, redevelopment, or strategic repositioning. The rear section features 16-foot clear ceiling heights and a functional loading dock, allowing for a wide range of commercial uses including retail, warehouse, light industrial, or service-based operations. The site also includes 41 on-site parking spaces. Currently occupied by four established long-term tenants, the property generates stable income with additional value-add potential through lease optimization and repositioning of available space. With a strong existing NOI of approximately $191,000, 6.62% CAP Rate, investors can benefit from immediate cash flow while planning future redevelopment or rent growth strategies. This is a rare chance to secure a multi-tenant commercial asset in a high-growth area with both income stability and clear development upside. Please do not disturb tenants or staff. Exterior viewing only. All interior showings by appointment through the listing agent during business hours. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Highway, Recreation

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 25000 sqft
  • Utility Water: Municipal water

Land

  • Land Size: 25000 ac

Zoning

  • Description: VC

Information entered by EXIT RESULTS REALTY
Listing information last updated on: 2026-07-03 13:21:54


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Melanie Amo Sales Representative & Ottawa REALTOR®

Phone:
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Email:
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