DAVID OIKLE

BROKER

511 BANK STREET
Ottawa, Ontario K2P1Z5

$1,399,000

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: 212 days

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Address Price Bed Bath SqFt Area Sub Area Brokerage
16 JEREMIAH PLACE Ottawa
16 JEREMIAH PLACE
 $1,449,900 5 4 82 x 98.7 FT ; 0 Ottawa ROYAL LEPAGE TEAM REALTY
809 CERULEAN WAY Ottawa
809 CERULEAN WAY
 $625,000 3 3 21.3 x 90.6 FT Ottawa SOLID ROCK REALTY
859 MARTELLO DRIVE Ottawa
859 MARTELLO DRIVE
 $1,050,000 6 5 50.2 x 109.9 FT Ottawa RE/MAX ABSOLUTE WALKER REALTY
114 AUGUST LILY CRESCENT Ottawa
114 AUGUST LILY CRESCENT
 $1,150,000 5 4 35.2 x 114.1 FT Ottawa RE/MAX HALLMARK REALTY GROUP
175 - 825 CAHILL DRIVE Ottawa
175 - 825 CAHILL DRIVE
 $399,999 3 2 Ottawa ROYAL LEPAGE TEAM REALTY
907 - 1380 PRINCE OF WALES DRIVE Ottawa
907 - 1380 PRINCE OF WALES DRIVE
 $279,900 2 1 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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