$1,500,000
Calling investors and builders. Income generating property with City approved plans to develop into mixed-use building for additional income. Stand alone renovated building w 5 parking spaces in a prime location, steps from Wellington street in Westboro. Fully occupied by two long term commercial tenants; current net operating income of $52,036. Open concept main floor w/kitchen, two 2 pc bath and access to the basement. Lower level with large windows, 2 pc bath and direct exit to rear parking lot. Second level also has 2pc bath. Central air and heat. Many windows allow an abundance of light to enter. LC 1 zoning allows for a multitude of non-residential/local commercial uses, residential or mixed use. Plans for re-development of the site to add 4 residential units to the building approved by the City. Plans and studies are available at request. (id:48414)
Property Details
MLS® Number
|
1328227 |
Property Type
|
Retail |
Neigbourhood
|
Westboro |
Parking Space Total
|
5 |
Building
Land
Acreage
|
No |
Size Depth
|
100 Ft |
Size Frontage
|
50 Ft |
Size Irregular
|
50 Ft X 100 Ft |
Size Total Text
|
50 Ft X 100 Ft |
Zoning Description
|
Lc1 (mixed Use) |
https://www.realtor.ca/real-estate/25267552/439-churchill-avenue-n-ottawa-westboro