511 BANK STREET, Ottawa, ON K2P1Z5
511 BANK STREET, Ottawa, ON K2P1Z5
511 BANK STREET, Ottawa, ON K2P1Z5
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$1,269,000
Est. payment /mo
2,131 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2131

Square Footage 2,131 sqft

Price per Sqft $595

Subdivision 4103 - Ottawa Centre

MLS® Listing ID X13764372

Property Description

Commercial mixed-use investment property with $150,549 gross rental income and $112,904 NOI, offered at an attractive 8.9cap rate! This property is located in a central and established urban area, surrounded by numerous retail services and commercial activities. Just north of Catherine Street and the Queensway, it is minutes from the downtown core and conveniently located near major employment, recreation and shopping, Parliament Hill, the Rideau Canal, ByWard Market, and active infill development. The main level features a fully fitted restaurant with a dining area of approximately 40 seats, service counter, food preparation area, public washrooms, and access to a full basement. The second level features a two-bedroom apartment with a kitchen and three-piece washroom. Please do not approach restaurant owner or the employees re- this sale. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Forced air,

Cooling Partially air conditioned

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Others

Virtual Tour https://youtu.be/oLmWRwcSvH8


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Muhamed Awada

Muhamed Awada

+1(613) 720-4237

Real Estate Agent License ID: 4726552

Real Estate Agent License ID: 4726552

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