For Sale Business

350 Booth Street

$2,198,000
Ottawa, Ontario K1R 7K4 MLS® X12628966
6 Parking spaces
53.51 X 74.62 Ft ; 0 Lot size
Partially Air Conditioned Forced Air

About this home

7.5% cap rate. ICONIC building located on a CORNER lot with 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:28469)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub

Facts & features

Property

MLS® Number
X12628966
Property Type
Business
Neighbourhood
Centretown West
Community Name
4205 - West Centre Town
Parking Space Total
6

Building

Cooling Type
Partially Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air
Utility Water
Municipal Water

Parking

Other

Land

Acreage
No
Size Depth
74 Ft ,7 In
Size Frontage
53 Ft ,6 In
Size Irregular
53.51 X 74.62 Ft ; 0
Size Total Text
53.51 X 74.62 Ft ; 0
Zoning Description
Commercial Gm2 & Rh4

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Location

350 Booth Street, Ottawa, Ontario K1R 7K4  ·  Get directions