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)

ROSS LECKY

SALES REPRESENTATIVE

Office: 613-592-6400

rosslecky@royallepage.ca

Courtesy of KELLER WILLIAMS INTEGRITY REALTY

Listed on: October 04, 2024

On market: 55 days
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Address Price Bed Bath SqFt Area Sub Area Brokerage
2308 - 500 LAURIER AVENUE W Ottawa
2308 - 500 LAURIER AVENUE W
 $498,800 3 2 Ottawa RE/MAX HALLMARK REALTY GROUP
105 - 65 DENZIL DOYLE COURT Ottawa
105 - 65 DENZIL DOYLE COURT
 $643,000 - - 1.0000 Ottawa EXP REALTY
206 - 589 RIDEAU STREET Ottawa
206 - 589 RIDEAU STREET
 $544,700 1 2 Ottawa RE/MAX HALLMARK REALTY GROUP
716 - 105 CHAMPAGNE AVENUE S Ottawa
716 - 105 CHAMPAGNE AVENUE S
 $280,000 1 1 Ottawa RE/MAX HALLMARK REALTY GROUP
403 - 60 MCLEOD STREET Ottawa
403 - 60 MCLEOD STREET
 $599,900 2 - Ottawa ROYAL LEPAGE TEAM REALTY
548 MUTUAL STREET Ottawa
548 MUTUAL STREET
 $779,000 3 1 60 x 1123 FT ; 0 Ottawa RIGHT AT HOME REALTY
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ROSS LECKY

SALES REPRESENTATIVE

Direct: 613-447-7676

rosslecky@royallepage.ca

Royal LePage Team Realty

484 Hazeldean Road

Kanata ON K2L 1V4

Office: 613-592-6400

Toll Free: 1-800-307-1545

2019

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