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.
Full Property Details
General
Business Type
-
Retail Area
2100.00 Sq Ft
Total Area
16590.50 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
-
Retail Area
2100.00 Sq Ft
Total Area
16590.50 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Gas Forced Air Open
Air Conditioning
Partial
Washrooms
0
Heating Fuel
Gas Forced Air Open
Air Conditioning
Partial
Exterior
Depth
126.37
Front
16590.5
Lot Size
16591 x 126.37 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
CL & R1
Depth
126.37
Front
16590.5
Lot Size
16591 x 126.37 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
CL & R1
Building Description
Home Type
Commercial
Subtype
Commercial Retail
Water Supply
Municipal
Possession Date
11/30/2026
Home Type
Commercial
Subtype
Commercial Retail
Water Supply
Municipal
Possession Date
11/30/2026
Community
Community
Town of Rockland
Community
Town of Rockland
Taxes & Fees
Taxes
$6,500 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$6,500 /yr
Tax Year
2025
Occupancy
Tenant
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