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). The pub building measures 2,854 sq ft, while the salon building measures 840 sq ft with an additional unfinished basement for storage. This presents a compelling opportunity to acquire investment real estate. (id:2493)
Data was last updated October 12, 2024 at 08:15 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$1,800,000
Min list price:
$649,990
Max list price:
$6,995,000
Avg days on market:
124
Min days on market:
71
Max days on market:
346
Avg price per sq.ft.:
$424.5
These statistics are generated based on the current listing's property type
and located in
Ottawa. Average values are
derived using median calculations.
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