350 Booth Street, Ottawa, Ontario, Canada, K1R7K4

2,198,000
for Sale

About the 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 turn-key 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. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level and being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, 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.
Commercial Retail false
Property Type:
Commercial Retail
Status:
for Sale
Land Size:
53.5 x 74.62 FT
Business Type:
Commercial/Retail
Heating Type:
Gas Forced Air Closed
Cross Street:
Booth & Poplar
Annual Property Taxes:
16,500
Listing ID:
X12628958

Rooms

Dimensions

Brokered by:
Coldwell Banker First Ottawa Realty
Source: TRREB/PROPTX
Presented By:

Sydney Sopher

Sales Representative

International Realty Firm Inc. Brokerage*