350 Booth Street,Ottawa, ON K1R7K4
Ottawa, ON K1R7K4
Description
7.5% cap rate. ICONIC building located on a CORNER lot with an 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:13843)
Details
| MLS # | X12628954 |
|---|---|
| Listing Type | For Sale |
| Style | Offices |
| Status | Active |
| Days On Site | 253 |
| Listing Provided By | COLDWELL BANKER FIRST OTTAWA REALTY | Raymond Chin |
Features
| SQ Feet | 4,000 |
|---|---|
| Zoning | Commercial GM2 & RH4 |
Parking
| Parking Total | 6 |
|---|
Taxes
| Tax Annual Amount | 16500 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1R7K4 |
| Listing VS Median (in K1R7K4) | |
Price: $2,198,000 low | high Med: $2,198,000 sqft: 4,000 low | high Med: 4,000 $ / sqft: $550 low | high Med: $550 On site: 253 low | high Med: 253 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1R7K4 |
| Listing VS Median (in K1R7K4) | |
Price: $2,198,000 low | high Med: $2,198,000 sqft: 4,000 low | high Med: 4,000 $ / sqft: $550 low | high Med: $550 On site: 253 low | high Med: 253 | |
