$1,500,000
( $416.67Per Sq Foot )
 $8,052 est/mo Sourced by Back At You

940 Montreal Road , Ottawa, ON K1K4E5

Ottawa, ON K1K4E5

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Description

Commercial buildings for sale boasting excellent exposure and location. The property consists of two detached buildings: one currently operating as a pub (owner-operated) and the other leased to a hair salon. Ample on-site parking is available. The property offers excellent accessibility and visibility, situated in an AM10 commercial zone with significant redevelopment potential in the future.Both buildings are well-maintained and up-to-date with building codes. Current rental income is $84,000 per year for the pub (lease renewable or terminable at any time) and $15,600 per year for the salon (lease expiring in November 2025). This presents a compelling opportunity to acquire investment real estate. Floorplan in attachment. (id:374)

Details

MLS#1400405
Listing TypeFor Sale
StatusActive
Year1980
Days On Site131
Listing Provided ByROYAL LEPAGE TEAM REALTY | Ruby Xue

Features

SQ Feet3,600
ZoningAM10
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Listings Checked: 4 minutes ago
ProvinceON
CityOttawa
Postal CodeK1K4E5
Listing VS Median (in K1K4E5)
Price:
$1,500,000
low | high
Med:
$1,500,000
50% of Average
SqFt:
3,600
low | high
Med:
3,600
50% of Average
$ / SqFt:
$417
low | high
Med:
$417
50% of Average
On Site:
131
low | high
Med:
131.000000
100% of Average
Sourced by Back At You
Listing Updated: October 31, 2024 at 7:48:59 AM PDT