511 BANK STREET

Retail For Sale in Ottawa, Ontario

$1,497,000
  • 2,190 Sq. Ft.
  • Built 1945
Rare Investment Opportunity! Achieve nearly 7.5% CAP rate with over $110,000 in Net Income annually! This 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. The 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. Please note: Do not approach the restaurant owner or staff regarding the sale of the property. (id:4069)
Address 511 BANK STREET
List Price $1,497,000
Property Type Retail
Area Ontario
Sub-Area Ottawa
Floor Area 2,190 Sq. Ft.
Lot Size 31.97 ft X 97.8 ft Sq. Ft.
Year Built 1945
MLS® Number 1415073
Listing Brokerage KELLER WILLIAMS INTEGRITY REALTY
Postal Code K2P1Z5
Zoning TM

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TrinityStone Realty

Unit 109, 1300 Stittsville Main St Stittsville ON K2S 1A3

Office: (613) 417-3599

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