Ottawa Centre, ON K2P 1Z5,511 BANK ST
Ottawa Centre, ON K2P 1Z5,511 BANK ST
Ottawa Centre, ON K2P 1Z5,511 BANK ST
Ottawa Centre, ON K2P 1Z5,511 BANK ST
Ottawa Centre, ON K2P 1Z5,511 BANK ST
Ottawa Centre, ON K2P 1Z5,511 BANK ST
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$ 1,497,000
Est. payment | /mo

2,190 SqFt


$ 1,497,000
Est. payment | /mo

2,190 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,190 sqft

Price per Sqft $683

MLS Listing ID X9521113

Annual Tax Amount $27,929

Tax Year 2024

Property Description

Rare Investment Opportunity! Achieve nearly 7.5% 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.

Location

State ON

County Ottawa

Community 4103 - Ottawa Centre

Area Ottawa

Zoning TM

Region 4103 - Ottawa Centre

City Region 4103 - Ottawa Centre

Rooms

Family Room No

Interior

Cooling Unknown

Exterior

Utilities Available Unknown

Roof Type Unknown

Lot Frontage 31.97

Lot Depth 97.8

Others

Security Features Unknown

Pets Allowed Unknown

Listed by KELLER WILLIAMS INTEGRITY REALTY
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511 BANK ST