ADAM MILLS REALTY TEAM

350 Booth Street Ottawa, Ontario K1R 7K4

Partially Air Conditioned Forced Air

$2,198,000

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:49712)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub

Property Details

MLS® Number X12628966
Property Type Business
Neigbourhood Centretown West
Community Name 4205 - West Centre Town
Parking Space Total 6

Building

Cooling Type Partially Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Utility Water Municipal Water

Land

Acreage No
Size Depth 74 Ft ,7 In
Size Frontage 53 Ft ,6 In
Size Irregular 53.51 X 74.62 Ft ; 0
Size Total Text 53.51 X 74.62 Ft ; 0
Zoning Description Commercial Gm2 & Rh4

https://www.realtor.ca/real-estate/29181883/350-booth-street-ottawa-4205-west-centre-town

Schedule a Tour

Complete the form below to submit a tour request for this listing.

Request More Info About This Listing

Complete the form below to request more info about this listing.