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$ 2,198,000
Est. payment | /mo
$ 2,198,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision 4205 - West Centre Town
MLS Listing ID X12628954
Annual Tax Amount $16,500
Tax Year 2025
Property Sub-Type Office
Property Description
7.5% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that's been operating since 1995 on theground 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 approx600-700sqft. 6 Parking spots on site. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. Restaurant premise is approx2000sqft. Functional lower level and being used as part of the restaurant for preparation, fridges, freezers and storage. 2nd floor with 3 twobedroom apartments, kitchen, living/dining area, full bathroom. Each apartment pays their own hydro. Well maintained building and Turn-keyinvestment. Roof replaced 2012. Viewings are by appointment only through listing agent. Please respect the restaurant business thats inoperation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer.
Location
Province ON
County Ottawa
Area Ottawa
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 53.51
Lot Depth 74.62
Others
Security Features Partial
ParcelsYN No
Listed by COLDWELL BANKER FIRST OTTAWA REALTY
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