4667 ALBION Road South, Ottawa, K1X1A4 — For sale @ $1,499,000
3
26 Parking
- sqft
Home Overview
Description
Strategically positioned on 1.5 acres with valuable RG zoning, 4667 Albion Road is one of the most versatile properties to come to market in the Ottawa area - combining a fully legal commercial building, income-generating residential suites, and long-term redevelopment potential on a single title. At the heart of the property sits a fully legal multi-use commercial building with its own separate access point. The ground level offers open shop space suitable for service and repair operations, light industrial use, or storage, while the upper level provides two additional rooms previously rented at $1,800/month - ideal for office use, accommodations, or flexible workspace. RG zoning permits a wide range of uses including retail, service and repair, light industrial applications, and storage, giving an owner-operator or investor genuine flexibility from day one. A substantial open, cleared area at the rear of the property adds further value for fleet parking, material storage, or future development. The main residence has been thoughtfully updated and features 3 bedrooms plus a loft, 2 full bathrooms, and timeless character throughout. A fully renovated lower-level suite with its own above-grade entrance adds immediate rental income potential - complete with a full bathroom, open living and dining area, and dedicated laundry. Whether occupied by the owner or rented out, the residential side pays its share. The current furniture is staging and cannot be included in the sale. With two access points, a new architectural shingle roof, and a rare combination of residential, commercial, and light industrial permissions, this property suits business owners looking to consolidate operations and living, investors seeking multiple income streams, or buyers positioning for long-term upside. True hybrid properties at this scale, this close to a major commercial anchor, rarely come available. (id:39198)