159 Colonnade Road South, Ottawa, ON

159 Colonnade Road South gives an owner-user immediate occupancy of 4,589 SF alongside three in-place tenants. Leverage over $90K/year (Escalating over the term) in tenant income to offset occupancy costs. The 10,901 SF flex building sits on 0.88 acres in Colonnade Business Park — IM (Mixed Industrial) zoning, and includes 6 bays, with 2-storey office section, Suited to office and industrial owner-occupants who want to occupy now and grow into the leased space as tenant leases expire OR maintain strong rental income to offset ownership costs.

• 10,901 SF industrial flex on 0.88 acres — 6 bays + 2nd-floor office. Buyer occupies 4,589 SF (42%) vacant on closing
• 25 surface parking stalls. Six 8’ x 10’ grade-level overhead doors (one per bay), 12' clear height (14' to deck)
• Each bay self-contained: dedicated grade door, private washroom, individual electrical sub-panel, per-bay thermostat. Built for clean multi-tenant
• operation and phased owner-user absorption as tenants roll
• 600A 240V 3-Phase + 225 kVA available — sized for industrial tenants, trades and others
• Low Operating Costs of ~$7.25psf plus utilities
• IM zoning permits industrial, light manufacturing, warehouse, office, R&D, and flex uses. Broad use options for owner-user occupancy and future
• tenant absorption
• Phase 1 ESA clean (April 2026) — no further investigation required
• Colonnade Business Park — minutes to Highway 416, 9 min to Ottawa Airport, walking distance to Merivale retail (Costco, Rona, Canadian Tire)