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613-761-0123

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)
Courtesy of KELLER WILLIAMS INTEGRITY REALTY

Listed on: October 04, 2024

On market: 54 days
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1564 Scottanne Street Ottawa

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Address Price Bed Bath SqFt Area Sub Area Brokerage
1564 Scottanne Street Ottawa
1564 SCOTTANNE STREET
 $1,100,000 4 3 Ottawa Greely
604 - 309 CUMBERLAND STREET Ottawa
604 - 309 CUMBERLAND STREET
 $308,800 2 2 Ottawa ROYAL LEPAGE TEAM REALTY
303 - 203 CATHERINE STREET Ottawa
303 - 203 CATHERINE STREET
 $579,900 2 2 Ottawa BRAD J. LAMB REALTY INC.
306 - 224 LYON STREET Ottawa
306 - 224 LYON STREET
 $399,000 1 1 Ottawa HOME RUN REALTY INC.
22 STROUGHTON CRESCENT Ottawa
22 STROUGHTON CRESCENT
 $759,900 4 - 57.51 x 131.7 FT ; 1 Ottawa ENGEL & VOLKERS OTTAWA
302 - 589 RIDEAU STREET Ottawa
302 - 589 RIDEAU STREET
 $475,000 1 2 Ottawa INNOVATION REALTY LTD.
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