Business For Sale

For Sale
4
$ 2,500,000
$47,170 / Sqft
Ottawa, Ontario K1R7K4
0 Bed
0 Bath
Sqft Sqft
0 Room
Built Year 0
QR Code

About this property

6% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that's been operating since 1995 on the ground floor unit. 3 Apartments on the upper floor. Each unit approx 600-700sqft. 6 Parking spots on site. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. Restaurant premise is approx 2000sqft. Functional lower level and being used as part of the restaurant for preparation, fridges, freezers and storage. 2nd floor with 3 two bedroom apartments, kitchen, living/dining area, full bathroom. Each apartment pays their own hydro. Well maintained building and Turn-key investment. Roof replaced 2012. Viewings are by appointment only through listing agent. Please respect the restaurant business thats in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer. Questions through listing agent directly please. (id:48414)

Snapshot

Property Type : Business
Listing Type : For Sale
Listing ID : 1318720
Price : $2500000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 53.51 Sqft
Year Built : 0
Lot Area : 0 Sqft

Features

Fireplace : False
Parking : 6

Other Information

Municipal ID : 041080246
Ownership Type : Freehold
Land Size Depth : 74 Sqft
Land Size Irregular : 53.51 Sqft
Zoning Description : Commercial GM2 & RH4
Business Type : Restaurant
Business Sub-Type : Restaurant
Listing Provided by : COLDWELL BANKER FIRST OTTAWA REALTY
Land SizeFrontage : 53 Sqft

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