$1,387,000
Available - For Sale
Listing ID: X12330828
511 Bank Stre , Ottawa Centre, K2P 1Z5, Ottawa
| Commercial mix-use property with $113,841 net rental income!! This property is located in a central and established urban area, surrounded with numerous retail services and commercial activities. Its just north of Catherine St and the Queensway, minutes to downtown core, and proximate to major employment, recreational, shopping, Parliament Hill, Rideau Canal, Byward Market plus active infill development. The main level of the building features a fit up restaurant with dining area(approx. 40 seats), service counter, food preparation area, public washrooms, and access to a full basement; the second level is a two bedroom apartment with kitchen, three piece washroom. Please do not approach restaurant owner or the employees re- this sale. |
| Price | $1,387,000 |
| Taxes: | $28488.40 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 511 Bank Stre , Ottawa Centre, K2P 1Z5, Ottawa |
| Postal Code: | K2P 1Z5 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Bank x Catherine |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 2131.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Management Expense: | 0 |
| Water Expense: | $0 |
| Net Income Before Debt: | $113283 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE INTEGRITY REALTY |
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Paul Sanghera
Sales Representative
Dir:
416.877.3047
Bus:
905-272-5000
Fax:
905-270-0047
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Ottawa |
| Municipality: | Ottawa Centre |
| Neighbourhood: | 4103 - Ottawa Centre |
| Tax: | $28,488.4 |
| Fireplace: | N |
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