623-655 Laurier St Street, Clarence-Rockland, ON K4K 1E7
Clarence-Rockland, ON K4K 1E7
About this property
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.
Property facts & features
- Property type
- Commercial Retail
- MLS® number
- X14120654
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 16590.5
- Neighbourhood
- Not provided
- Postal code
- K4K 1E7
- Garage
- None
- Lot depth (source units)
- 126.37
- Annual property tax
- 6500
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $1,995,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Clarence-Rockland →Listing brokerage: SYNERCAPITAL INVESTMENT REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14120654. Information deemed reliable but not guaranteed.