511 Bank Street, Ottawa, Ontario K2P 1Z5

Listed for:
$1,447,000
0 beds
0 baths
Listed 181 days ago
511 Bank Street, Ottawa, Ontario K2P 1Z5

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Learn more about this property
Listing provided by:
KELLER WILLIAMS INTEGRITY REALTY
MLS® number:
X9521113
Agent:
Yisha Chang
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About

North of Highway, fronting on east side of Bank street. 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:27476)

Property Highlights

MLS® Number
X9521113
Type
Retail
Community Name
4103 - Ottawa Centre
Ownership Type
Freehold
Land Size
31.97 x 97.8 FT ; 0
Parking Space Total
7

Building

Square Footage
2190 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water

Location