$1,099,999

Commercial For Sale In Centretown, Ottawa, Ontario

$1,099,999

Property Information:

Excellent mixed-use investment opportunity in a prime central location! This well-maintained building features a main-level retail/commercial/office space with good storage in the basement plus two separate residential apartments on the upper levels, creating an attractive income-producing property with multiple potential uses. The second-floor apartment offers 1 bedroom with parking included while the third-floor apartment offers an additional residential unit generating steady rental income. Tenants currently pay their own utilities with the exception of water, helping reduce operating costs. The main-level office space provides excellent exposure and flexibility for a variety of business uses or future leasing opportunities. A detached garage and parking for 4 vehicles included behind the building. Ideal opportunity for investors seeking cash flow and future rental upside, or owner-occupiers looking to operate a business while benefiting from additional income from the residential units above. Conveniently located close to downtown, transit, shopping, restaurants, and major amenities. Rare opportunity to own a versatile mixed-use property in a sought-after urban location with strong long-term potential. (id:27)

Building Features:

  • Style: Retail
  • Floor Space: 3500 sqft
  • Heating Type: Baseboard heaters
  • Cooling Type: None

Property Features:

  • Property Type: Retail
  • Bathrooms: 3
  • Amenities Nearby: Public Transit, Recreation
  • Features: Irregular lot size
  • Floor Space (approx): 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 148.5 Feet
  • Lot Frontage: 21.2 Feet
  • Lot Size: Bldg=21.29 x 148.52 FT ; L shaped lot
  • Zoning: TM14H(17)
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX HALLMARK REALTY GROUP

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.