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$2,198,000
Available - For Sale
Listing ID: X12008000
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.
Price $2,198,000
Taxes: $16,500
Tax Type: Annual
Occupancy by: Owner
Address: 350 BOOTH St , West Centre Town, K1R 7K4, Ontario
Postal Code: K1R 7K4
Province/State: Ontario
Legal Description: PT LT 202, PL 14 , AS IN N719104 ; OTTAW
Lot Size: 53.51 x 74.62 (Feet)
Directions/Cross Streets: Booth & Poplar
Zoning: Commercial GM2 &
Category: With Property
Use: Restaurant
Retail Area: 0
Retail Area Code: Sq Ft
Financial Statement: N
Chattels: Y
Franchise: N
Hours Open: sun-sat
Employees #: 6
Seats: 100
LLBO: Y
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Part
Water: Municipal
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COLDWELL BANKER FIRST OTTAWA REALTY

350 BOOTH St , West Centre Town, K1R 7K4, Ontario


 
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Type: Com - Sale Of Business
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4205 - West Centre Town
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Lot Size: 53.51 x 74.62(Feet)
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Tax: $16,500
Maintenance Fee: $0
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