Commercial listings / Investment / For sale
511 Bank Street, Ottawa Centre, ON K2P 1Z5
$1,269,000
- Property type
- Investment
- Transaction
- For sale
- Location
- Ottawa Centre, Ottawa
- Building area
- 2,131 Square Feet
- MLS® number
- X13764372
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.
Listing brokerage: EXP REALTY
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