7.5% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that's been operating since 1995 on the ground floor unit. This can be a turn-key investment or for self use owner occupied as well. 3 Apartments on the upper floor. Each unit approx 600-700sqft. 6 Parking spots on site. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. Restaurant premise is approx 2000sqft. Functional lower level and being used as part of the restaurant for preparation, fridges, freezers and storage. 2nd floor with 3 two bedroom apartments, kitchen, living/dining area, full bathroom. Each apartment pays their own hydro. Well maintained building and Turn-key investment. Roof replaced 2012. Viewings are by appointment only through listing agent. Please respect the restaurant business thats in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer. (id:4069)
Address
350 BOOTH STREET
List Price
$2,200,000
Property Type
Office
Type of Dwelling
Offices
Area
Ontario
Sub-Area
Ottawa
Lot Size
Unit=53.51 x 74.62 FT ; 0 Sq. Ft.
MLS® Number
X9515609
Listing Brokerage
COLDWELL BANKER FIRST OTTAWA REALTY
Postal Code
K1R7K4
Zoning
Commercial GM2 & RH4
