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Main Photo: 511 BANK STREET, Ottawa
Photo 1: 511 BANK STREET, Ottawa
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Photo 17: 511 BANK STREET, Ottawa
Status:
Active
Prop. Type:
Retail
MLS® Num:
X9521113
Rare Investment Opportunity! Achieve 7.6+ CAP rate with over $110,000 in Net Income annually!This mixed-use commercial property is located in a thriving, well-established urban area, surrounded by a diverse range of retail and commercial services. Conveniently situated just north of Catherine St and the Queensway, the property offers easy access to Ottawa's downtown core, major employment hubs, recreational facilities, shopping districts, Parliament Hill, Rideau Canal, Byward Market, and several ongoing infill developments.The building features a fully equipped restaurant on the main floor, including a spacious dining area (seating for approximately 40), a service counter, a food preparation area, public restrooms, and access to a full basement. The second floor includes a two-bedroom apartment, complete with a kitchen and a three-piece bathroom.Please note: Do not approach the restaurant owner or staff regarding the sale of the property. (id:2493)
Property Type:
Retail
Total Living Area:
2,190 sq. ft.
Zoning:
TM
Taxes:
$27,929 / -
Community:
4103 - Ottawa Centre
Fireplace:
No
Water:
Municipal water
Lot Size:
0 sq. ft.
Lot Details:
0
Total Parking Spaces:
7
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Listed by KELLER WILLIAMS INTEGRITY REALTY
Data was last updated March 14, 2025 at 09:45 AM (UTC)
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.