$850,000

Commercial For Sale In Centretown, Ottawa, Ontario

$850,000

Property Information:

Investment opportunity with minimal hassle. Offers a consistent and appealing annual return on investment, boasting a cap rate of 5.6% or higher. Prime downtown location. This property has served as a well-appointed bar/restaurant establishment for nearly four decades. Boasting 9-foot ceilings, it includes dining areas on multiple floors and a stylish bar lounge. The lower level is equipped with a walk-in cooler. A dependable tenant with over a decade of experience in running the restaurant occupies the premises. Zoned TM. A valuable addition to your enduring investment portfolio. (id:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Heating Type: Other
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Irregular: Yes
  • Lot Depth: 65.2 Feet
  • Lot Frontage: 32.3 Feet
  • Lot Size: Bldg=32.4 x 65.2 FT
  • Zoning: TM

Courtesy of: Royal LePage Performance Realty

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