7.5% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that's been operating since 1995 on the ground floor unit. This can be a turn-key investment or for self use owner occupied as well. 3 Apartments on the upper floor. Each unit approx 600-700sqft. 6 Parking spots on site. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. Restaurant premise is approx 2000sqft. Functional lower level and being used as part of the restaurant for preparation, fridges, freezers and storage. 2nd floor with 3 two bedroom apartments, kitchen, living/dining area, full bathroom. Each apartment pays their own hydro. Well maintained building and Turn-key investment. Roof replaced 2012. Viewings are by appointment only through listing agent. Please respect the restaurant business thats in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer. (id:56069)
| MLS® Number | X9515611 |
| Property Type | Retail |
| Neigbourhood | West Centre Town |
| Community Name | 4205 - West Centre Town |
| ParkingSpaceTotal | 6 |
| Acreage | No |
| ZoningDescription | Commercial Gm2 & Rh4 |
https://www.realtor.ca/real-estate/26951555/350-booth-street-ottawa-4205-west-centre-town
Contact us for more information
Raymond Chin
Salesperson
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
