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$ 2,200,000
Est. payment /mo
Active
350 BOOTH ST West Centre Town, ON K1R 7K4
4,000 SqFt
UPDATED:
12/19/2024 07:00 AM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $550
Subdivision 4205 - West Centre Town
MLS Listing ID X9515611
Annual Tax Amount $17,000
Tax Year 2023
Property Sub-Type Commercial Retail
Property Description
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.
Location
State ON
County Ottawa
Community 4205 - West Centre Town
Area Ottawa
Zoning Commercial GM2 & RH4
Rooms
Family Room No
Interior
Cooling Unknown
Exterior
Utilities Available Unknown
Roof Type Unknown
Others
Security Features Unknown
Pets Allowed Unknown
Listed by COLDWELL BANKER FIRST OTTAWA REALTY