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940 MONTREAL ROAD
3505 - Carson Meadows Ottawa K1K 4E5

$1,500,000
Retail

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Status:
Active
Prop. Type:
Retail
MLS® Num:
X9515918
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:2493)
Alternate Feature Sheet Website
Additional Pictures Website
Property Type:
Retail
Transaction Type:
For sale
Zoning:
AM10
Ownership Type:
Freehold
Taxes:
$33,504 / -
Community:
3505 - Carson Meadows
Age:
44 years
Fireplace:
No
Lot Frontage:
79'
Lot Depth:
157'
Acreage:
No
Lot Size:
79.44 ft X 157.72 ft (Irregular Lot)
Lot Details:
Unit=79.44 x 157.72 FT ; 1
Total Parking Spaces:
10
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Listed by ROYAL LEPAGE TEAM REALTY
Data was last updated December 27, 2024 at 12:45 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,800,000
Min list price:
$25
Max list price:
$6,995,000
Avg days on market:
192
Min days on market:
146
Max days on market:
421
Avg price per sq.ft.:
$686.73
These statistics are generated based on the current listing's property type and located in Ottawa. Average values are derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.