350 BOOTH STREET, Ottawa, Ontario, K1R 7K4

MLS® # X12628966

Commercial For Sale In West Centertown, Ottawa, Ontario

$2,198,000

None Beds

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350 BOOTH STREET, Ottawa, Ontario, K1R 7K4

$2,198,000

Property Information:

7.5% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that's been operating since 1995 in the ground floor unit. This can be a turnkey investment or for self-use owner-occupied as well. 3 apartments on the upper floor. Each unit is approximately 600-700 sq ft. 6 Parking spots on site. The restaurant seats 100 with 25 patio seats as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, and full bathroom. Each apartment pays their own hydro. Well-maintained building and turnkey investment. Roof replaced in 2023. Viewings are by appointment only through the listing agent. Please respect the restaurant business that's in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer. (id:27)

Building Features:

Style: Business
Air Conditioning: Yes
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Partially air conditioned

Property Features:

Property Type: Business
Irregular: Yes
Lot Depth: 74.6 Feet
Lot Frontage: 53.5 Feet
Lot Size: 53.51 x 74.62 FT ; 0
Zoning: Commercial GM2 & RH4
No. of Parking Spaces: 6

Courtesy of: COLDWELL BANKER FIRST OTTAWA REALTY

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