Monica Flores

SALES REPRESENTATIVE

511 BANK STREET
Ottawa, Ontario K2P1Z5

$1,497,000

ID# X9521113
Rare Investment Opportunity! Achieve nearly 7.5% CAP rate with over $110,000 in Net Income annually!\r\n\r\nThis 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.\r\n\r\nThe 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.\r\n\r\nPlease note: Do not approach the restaurant owner or staff regarding the sale of the property. (id:25961)

LEARN MORE ABOUT THIS LISTING

CALL MONICA DIRECT AT

613-725-4121

Courtesy of KELLER WILLIAMS INTEGRITY REALTY

Listed on: October 04, 2024

On market: 55 days
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Address Price Bed Bath SqFt Area Sub Area Brokerage
9 - 58 FLORENCE STREET Ottawa
9 - 58 FLORENCE STREET
 $1,895 1 1 Ottawa ROYAL LEPAGE TEAM REALTY
421 GILMOUR STREET Ottawa
421 GILMOUR STREET
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185 HENDERSON AVENUE Ottawa
185 HENDERSON AVENUE
 $3,150,000 - - Unit=40 x 101 FT ; 0 Ottawa EXP REALTY
885 BEBBS WILLOW WAY Ottawa
885 BEBBS WILLOW WAY
 $1,499,900 3 3 200 x 328 FT ; 0 Ottawa EXP REALTY
181 MAPLE LANE Ottawa
181 MAPLE LANE
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A - 1566 LISBON STREET
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Monica flores

SALES REPRESENTATIVE

Direct: 613-725-4121

mflores@royallepage.ca

Royal LePage Team Realty

1723 Carling Ave,

Ottawa, ON K2A 1C8

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