$1,399,000
$98,000511 BANK Street, OttawaCentre, ON K2P 1Z5
4103 - Ottawa Centre, Ottawa Centre,
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Rare Investment Opportunity! Achieve 7.6+ 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.
- HoldoverDays: 100
- Property Type: Commercial
- Property Sub Type: Commercial Retail
- GarageType: Unknown
- Directions: North of Highway, fronting on east side of Bank street.
- Tax Year: 2024
- ParkingSpaces: 7
- Cooling: Unknown
- HeatType: Unknown
- Roof: Unknown
- Sewer: Unknown
- Building Area Total: 2190
- Building Area Units: Square Feet
- Parcel Number: 041230005
- LotSizeUnits: Feet
- LotDepth: 97.8
- LotWidth: 31.97
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