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940 Montreal Road Ottawa, Ontario K1K 4E5

$1,500,000

Commercial buildings for sale boasting excellent exposure and location. The property consists of two detached buildings: one currently operating as a pub (owner-operated) and the other leased to a hair salon. Ample on-site parking is available. The property offers excellent accessibility and visibility, situated in an AM10 commercial zone with significant redevelopment potential in the future.Both buildings are well-maintained and up-to-date with building codes. Current rental income is $84,000 per year for the pub (lease renewable or terminable at any time) and $15,600 per year for the salon (lease expiring in November 2025). This presents a compelling opportunity to acquire investment real estate. Floorplan in attachment. (id:48414)

Property Details

MLS® Number X9515918
Property Type Retail
Neigbourhood Carson Grove
Community Name 3505 - Carson Meadows
ParkingSpaceTotal 10

Building

Land

Acreage No
SizeDepth 157 Ft ,8 In
SizeFrontage 79 Ft ,5 In
SizeIrregular Unit=79.44 X 157.72 Ft ; 1
SizeTotalText Unit=79.44 X 157.72 Ft ; 1
ZoningDescription Am10

https://www.realtor.ca/real-estate/27115551/940-montreal-road-ottawa-3505-carson-meadows