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About this Property
- Commercial mixed-use investment property with $150,549 gross rental income and $112,904 NOI, offered at an attractive 8
Commercial mixed-use investment property with $150,549 gross rental income and $112,904 NOI, offered at an attractive 8.9cap rate! This property is located in a central and established urban area, surrounded by numerous retail services and commercial activities. Just north of Catherine Street and the Queensway, it is minutes from the downtown core and conveniently located near major employment, recreation and shopping, Parliament Hill, the Rideau Canal, ByWard Market, and active infill development. The main level features a fully fitted restaurant with a dining area of approximately 40 seats, service counter, food preparation area, public washrooms, and access to a full basement. The second level features a two-bedroom apartment with a kitchen and three-piece washroom. Please do not approach restaurant owner or the employees re- this sale.
Listed by EXP REALTY · MLS# X13764372
Features & Details
Property details of 511 Bank Street, Ottawa, ON
Location
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
$1,269,000
511 Bank Street, Ottawa, ON