421 Gilmour Street, Ottawa, Ontario K2P 0R5

Listed for:
$1,649,000
0 beds
0 baths
Listed 40 days ago
Offices for rent: 421 Gilmour Street, Ottawa, Ontario K2P 0R5

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Learn more about this property
Listing provided by:
RE/MAX HALLMARK REALTY GROUP
MLS® number:
X11983849
Agent:
Zaid Al-tellawi
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About

Bank street This beautifully renovated 3-story commercial building, located on prestigious Gilmour Street between Kent and Bank in the heart of Centretown Ottawa, presents an exceptional investment opportunity. Zoned GM (General Mixed Use), the property offers approximately 3000 square feet of versatile space, currently leased as office space with positive cashflow and a cap rate of over 5.5%, but with zoning allowing for a wide range of uses. Soaring 12 ft ceilings and oversized new vinyl windows flood the space with natural light. Luxury vinyl floors, and soundproof walls create a premium environment. A new roof installed in 2020 and full interior/exterior renovation (2022) and upgrades ensure minimal maintenance costs. On-site parking for 6-7 cars, supplemented by ample street parking and wheelchair accessible ramp, adds significant value and convenience to tenants and their clients. This prime location, combined with the extensive renovations and flexible GM zoning, makes this property a truly rare find. (id:27476)

Property Highlights

MLS® Number
X11983849
Type
Office
Community Name
4103 - Ottawa Centre
Land Size
Bldg=44 x 108.99 FT

Building

Building Type
Offices
Square Footage
4800.7 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot water radiator heat
Heating Fuel
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water

Location