511 Bank Street Ottawa, Ontario K2P 1Z5
$1,497,000
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:49712)
Property Details
| MLS® Number | X9521113 |
| Property Type | Retail |
| Neigbourhood | Ottawa Centre |
| Community Name | 4103 - Ottawa Centre |
| ParkingSpaceTotal | 7 |
Building
| SizeInterior | 2190 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 97 Ft ,9 In |
| SizeFrontage | 31 Ft ,11 In |
| SizeIrregular | Unit=31.97 X 97.8 Ft ; 0 |
| SizeTotalText | Unit=31.97 X 97.8 Ft ; 0 |
| ZoningDescription | Tm |
https://www.realtor.ca/real-estate/27503715/511-bank-street-ottawa-4103-ottawa-centre
Salesperson
(613) 276-2217
https://www.youtube.com/embed/eTRfruIztZE
www.houseperception.com/
www.facebook.com/yisha.chang.5
2148 Carling Ave., Units 5 & 6
Ottawa, Ontario K2A 1H1
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December 02 2024 10:01:53
Ottawa Real Estate Board
Keller Williams Integrity Realty
