DAVID OIKLE

BROKER

511 BANK STREET
Ottawa, Ontario K2P1Z5

$1,447,000

ID# X9521113
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. (id:25961)

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Courtesy of KELLER WILLIAMS INTEGRITY REALTY

Listed on: October 04, 2024

On market: 163 days

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Address Price Bed Bath SqFt Area Sub Area Brokerage
2148 WINSOME TERRACE Ottawa
2148 WINSOME TERRACE
 $649,999 4 3 21.33 x 84.78 FT ; 0 Ottawa TRU REALTY
145 BARONESS DRIVE Ottawa
145 BARONESS DRIVE
 $1,099,900 4 4 41.08 x 98.04 FT ; 1 Ottawa RIGHT AT HOME REALTY
426 - 150 ROSSIGNOL DRIVE Ottawa
426 - 150 ROSSIGNOL DRIVE
 $4,801 1 1 Ottawa FIDACITY REALTY
1296 OLD MONTREAL ROAD Ottawa
1296 OLD MONTREAL ROAD
 $6,000,000 - - 675 FT ; 1 Ottawa RE/MAX HALLMARK REALTY GROUP
119 DALY AVENUE Ottawa
119 DALY AVENUE
 $2,800,000 - - 66 x 99 FT ; 0 Ottawa EXP REALTY
160 SAI CRESCENT Ottawa
160 SAI CRESCENT
 $890,000 4 4 40.47 x 101.58 FT ; 0 Ottawa RE/MAX HALLMARK REALTY GROUP
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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

CONTACT DAVE

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