1027 Notre Dame Street
Russell, ON
- 25,000 sqft
- Commercial Retail
- 202 days on market
High-Exposure Mixed-Use Investment & Redevelopment Opportunity - Embrun Growth Corridor. Rare opportunity for investors and developers to acquire a high-visibility corner asset in one of Embrun's fastest-growing commercial corridors. Positioned on a prominent site with strong street frontage and steady daytime traffic, this property offers both stable in-place income and significant long-term upside.The building consists of approximately 25,000 sq. ft. above grade plus a full basement, totaling nearly 40,000 sq. ft. of usable space. Zoned for mixed-use development with potential approval for up to five storeys, the property presents a compelling opportunity for future intensification, redevelopment, or strategic repositioning. The rear section features 16-foot clear ceiling heights and a functional loading dock, allowing for a wide range of commercial uses including retail, warehouse, light industrial, or service-based operations. The site also includes 41 on-site parking spaces. Currently occupied by four established long-term tenants, the property generates stable income with additional value-add potential through lease optimization and repositioning of available space. With a strong existing NOI of approximately $191,000, 6.62% CAP Rate, investors can benefit from immediate cash flow while planning future redevelopment or rent growth strategies. This is a rare chance to secure a multi-tenant commercial asset in a high-growth area with both income stability and clear development upside. Please do not disturb tenants or staff. Exterior viewing only. All interior showings by appointment through the listing agent during business hours.
Listing Details
- Taxes (2025)
- $36,540
- Originally Listed
- $3,299,000
- Listed
- February 20, 2026
Price History
Listing history
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Property
- Lot Size
- 105.47 x 208.33 Feet
Parking
- Garage
- None
Utilities
- Water
- Water System
Location & Legal
- Cross Street
- St-Augustin
- Zoning
- VC
- Parcel Number
- 690700150
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Retail Store Related
Included
- Exclusions
- Tenants belongings
Community
Postal area K0A
- Population
- 111,626
- Private dwellings
- 43,737
- Median age
- 44
- Average household size
- 2.6
- Median household income
- $115,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Russell · last 12 months
- Median sold price
- $645,600
- Homes sold
- 281
- Median days on market
- 32
- Sale-to-list price
- 98.3%
Based on 281 recorded sales of commercial properties in Russell over the last 12 months.
Listed by
EXIT RESULTS REALTY
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 25,000 sq ft
- Price per sq ft
- $115.60
- Annual property tax
- $36,540
- Tax per sq ft
- $1.46
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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