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Sellers
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33
$1,995,000 Sale
Listed 5 hours ago
623-655 Laurier St Street
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Listing History
Buy/Sell/Terminated/Expired listing history for 623-655 Laurier St Street
Key Facts
Key facts for 623-655 Laurier St Street
Property Type
Commercial
Parking
None
MLS #
X14120654
Size
-
Basement
-
Listed on
2026-10-27
Lot size
16591 x 126.37
Tax
$6,500 /yr
Days on Market
0
Approximate Age
-
Maintenance Fee
-
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. Contact the listing broker to learn more and discuss the possibilities, subject to municipal approvals and buyer due diligence.
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Courtesy of: SYNERCAPITAL INVESTMENT REALTY