350 BOOTH STREET

$2,198,000

4205 - West Centre Town, Ottawa, Ontario

    Commercial · RetailType
    Forced air, Natural gasHeating
    Partially air conditionedCooling
    268Days on market

    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 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. (id:66327)

    Property details

    Exterior & parking

    Architectural style
    []
    Lot size
    Bldg=53.5 x 74.62 FT

    Building & HOA

    Heating
    Forced air, Natural gas
    Cooling
    Partially air conditioned

    Financial & legal

    List price
    $2,198,000
    Annual taxes
    $16,500
    Status
    Active
    MLS® number
    X12628958

    Location

    City
    Ottawa
    Neighbourhood
    4205 - West Centre Town
    Province
    Ontario
    Postal code
    K1R7K4
    Directions
    Cross Streets: Booth & Poplar. ** Directions: 350 BOOTH ST OTTAWA ON K1R 7K4.

    Mortgage calculator

    estimated / month

    Estimate only — excludes taxes, insurance and CMHC. Contact us for a real quote.

    Location & neighbourhood

    Explore what’s nearby:

    Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).