511 Bank Street , Ottawa Centre, ON K2P 1Z5
Ottawa Centre, ON K2P 1Z5
Description
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.
Details
| MLS# | X9521113 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 78 |
| Listing Provided By | KELLER WILLIAMS INTEGRITY REALTY | Not Provided |
Features
| SQ Feet | 2,190 |
|---|
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Learn More About This Property
| State | ON |
|---|---|
| County | Ottawa |
| City | Ottawa Centre |
| Zip Code | K2P 1Z5 |
| Area | 4103 Ottawa Centre |
| Listing VS Median (in K2P 1Z5) | |
Price: $1,497,000 low | high Med: $1,497,000 SqFt: 2,190 low | high Med: 2,190 $ / SqFt: $684 low | high Med: $684 On Site: 78 low | high Med: 78.000000 | |
