Ottawa Centre K2P 1Z5

Property

Ownership: For Sale
Type: Unknown
Pets: Pets Allowed

Financials

Price:C1,399,000
($1,010,889.42)
(€894,149.29)
Annual Taxes:C27,929
505 Park Ave, New York, NY 10022

Description

Rare Investment Opportunity! Achieve 7.6+ 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.

Amenities

  • Unknown

Rare Investment Opportunity !


    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.