511 BANK STREET Active Save Request In-Person Tour Request Virtual Tour
Ottawa,ON K2P1Z5
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,190 sqft
Price per Sqft $683
Subdivision 4103 - Ottawa Centre
MLS Listing ID X9521113
Originating Board Ottawa Real Estate Board
Property Description
Rare Investment Opportunity! Achieve nearly 7.5% CAP rate with over $110,000 in Net Income annually!\r\n\r\nThis mixed-use commercial property is located in a thriving, well-established urban area, surrounded by a diverse range of retail and commercial services. Conveniently situated just north of Catherine St and the Queensway, the property offers easy access to Ottawa's downtown core, major employment hubs, recreational facilities, shopping districts, Parliament Hill, Rideau Canal, Byward Market, and several ongoing infill developments.\r\n\r\nThe building features a fully equipped restaurant on the main floor, including a spacious dining area (seating for approximately 40), a service counter, a food preparation area, public restrooms, and access to a full basement. The second floor includes a two-bedroom apartment, complete with a kitchen and a three-piece bathroom.\r\n\r\nPlease note: Do not approach the restaurant owner or staff regarding the sale of the property. (id:24570)
Location
State ON
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 7
Private Pool No