LORNE SCOTT

SALES REPRESENTATIVE

511 BANK STREET
Ottawa, Ontario K2P1Z5

$1,497,000

ID# X9521113
Rare Investment Opportunity! Achieve nearly 7.5% CAP rate with over $110,000 in Net Income annually!\r\n\r\nThis 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.\r\n\r\nThe 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.\r\n\r\nPlease note: Do not approach the restaurant owner or staff regarding the sale of the property. (id:25961)
Courtesy of KELLER WILLIAMS INTEGRITY REALTY

Listed on: October 04, 2024

On market: 54 days
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201 - 1010/24 MORRISON DRIVE
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Address Price Bed Bath SqFt Area Sub Area Brokerage
201 - 1010/24 MORRISON DRIVE Ottawa
201 - 1010/24 MORRISON DRIVE
 $15 - - 0 Ottawa ROYAL LEPAGE TEAM REALTY
1801 - 20 THE DRIVEWAY DRIVE Ottawa
1801 - 20 THE DRIVEWAY DRIVE
 $1,100,000 2 2 Ottawa RE/MAX HALLMARK REALTY GROUP
1090 AMBLESIDE DRIVE Ottawa
1090 AMBLESIDE DRIVE
 $11.50 - - Unit=300 x 150 FT ; 1 Ottawa COLDWELL BANKER SARAZEN REALTY
6710 BANK STREET Ottawa
6710 BANK STREET
 $5,000 - - 0|2 - 4.99 acres Ottawa COLDWELL BANKER FIRST OTTAWA REALTY
2572 DOW STREET Ottawa
2572 DOW STREET
 $280,000 - - 158.83 FT ; 1|1/2 - 1.99 acres Ottawa EXIT REALTY MATRIX
706 FAIRLINE ROW Ottawa
706 FAIRLINE ROW
 $649,900 3 3 20 x 95 FT ; 0 Ottawa ROYAL LEPAGE TEAM REALTY
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Lorne Scott

SALES REPRESENTATIVE

Direct: 613-277-6713

lornescott@royallepage.ca

Royal LePage Team Realty

Unit# 200 – 1335 Carling Ave.

Ottawa, Ontario

Canada K1Z 8N8

Office: 613-725-1171

Toll Free: 1-800-307-1545

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