Property
Ownership: | For Sale |
---|---|
Type: | Unknown |
Bedrooms: | Studio |
Pets: | Pets No |
Financials
DescriptionThis 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.
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.
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.
DescriptionThis 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.
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.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.