Homes for sale - 511 BANK STREET, Ottawa, ON K2P1Z5

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Aaron MacRae

aaronsellsyyc@gmail.com +1(403) 852-2260

$1,497,000

Est. payment - /mo

2,190 SqFt

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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

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Listed by KELLER WILLIAMS INTEGRITY REALTY

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Aaron MacRae

Agent

+1(403) 852-2260

511 BANK STREET Ottawa, ON K2P1Z5

Aaron MacRae

Key Details

Location

Exterior

511 BANK STREET