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$ 2,200,000
Est. payment | /mo
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Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision 4205 - West Centre Town
MLS® Listing ID X9515611
Originating Board Ottawa Real Estate Board
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 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:24570)
Location
State ON
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 6
Private Pool No
Listed by COLDWELL BANKER FIRST OTTAWA REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "