$649,900
102 Old Colony Road
Kanata - Glencairn/Hazeldean, Ottawa
- 3 bd
- 3 ba
- House
1 / 24
$78,000
Kanata - Glencairn/Hazeldean, Ottawa, ON K2M1C9 · MLS® X12831984
Excellent opportunity to acquire a well-established footwear retail business located inside a busy shopping mall with steady foot traffic. This comfortable shoe store has built a loyal and stable clientele over the years, known for quality products and exceptional customer service. Strong brand presence with repeat customers and consistent sales performance. Turn-key operation with established supplier relationships and operational systems in place. Significant potential for growth through expanded marketing, online sales, extended product lines, or updated merchandising strategies. Ideal opportunity for an owner-operator or investor seeking a stable business with room to increase revenue. Mall location provides visibility, accessibility, and ongoing customer flow. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025. Property tax assumed at 1% of price.
Listed by Keller Williams Icon Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.