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350 Booth Street Ottawa, Ontario K1R 7K4

5000 sqft

$2,200,000

7.5% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that's been operating since 1995 on 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 approx 600-700sqft. 6 Parking spots on site. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. Restaurant premise is approx 2000sqft. 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 Turn-key investment. Roof replaced 2012. Viewings are by appointment only through listing agent. Please respect the restaurant business thats in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer. (id:28469)

Business

BusinessType Restaurant
BusinessSubType Restaurant

Property Details

MLS® Number 1393675
Property Type Business
Neigbourhood West Centre Town
ParkingSpaceTotal 6

Building

SizeInterior 5000 Sqft

Land

Acreage No
SizeDepth 74 Ft ,7 In
SizeFrontage 53 Ft ,6 In
SizeIrregular 53.51 Ft X 74.62 Ft
SizeTotalText 53.51 Ft X 74.62 Ft
ZoningDescription Commercial Gm2 & Rh4
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September 26 2024 09:13:55

Ottawa Real Estate Board

Coldwell Banker First Ottawa Realty