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For Sale

511 Bank Street, Ottawa Centre, ON K2P 1Z5

$1,269,000

  • Investment
  • MLS® X13764372

Listing Brokerage: EXP REALTY

Description

Commercial mixed-use investment property with $150,549 gross rental income and $112,904 NOI, offered at an attractive 8.9cap rate! This property is located in a central and established urban area, surrounded by numerous retail services and commercial activities. Just north of Catherine Street and the Queensway, it is minutes from the downtown core and conveniently located near major employment, recreation and shopping, Parliament Hill, the Rideau Canal, ByWard Market, and active infill development. The main level features a fully fitted restaurant with a dining area of approximately 40 seats, service counter, food preparation area, public washrooms, and access to a full basement. The second level features a two-bedroom apartment with a kitchen and three-piece washroom. Please do not approach restaurant owner or the employees re- this sale.

Property details

MLS® number
X13764372
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
4103 - Ottawa Centre
City
Ottawa Centre
Building area
2131 Square Feet
Lot width
32 Feet
Lot depth
94.75 Feet
Heating
Baseboard
Cooling
Partial
Garage
None
Taxes
$29,436.22
Tax year
2026
Retail area
1260
Listing brokerage
EXP REALTY

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