350 BOOTH STREET, Ottawa
$2,198,000
About this property
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:66939)
Property details
- Price
- $2,198,000
- Living area
- 4,000 square feet
- Parking
- 6
- Property type
- Office
- MLS® number
- X12628954
Location
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Review my home valueListing courtesy of COLDWELL BANKER FIRST OTTAWA REALTY. Source board: Ottawa Real Estate Board.
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