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511 Bank Street

$1,269,000

For Sale

MLS # X13764372

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Property Type

Commercial

Bedrooms

0

Bathrooms

0

Square Footage

N/A

Building Age

N/A

Time on Market

49 Days

Description

Commercial mixed-use investment property with $150,549 gross rental income and $112,904 NOI, offered at an attractive 8.9cap rate! This property is located in a central and established urban area, surrounded by numerous retail services and commercial activities. Just north of Catherine Street and the Queensway, it is minutes from the downtown core and conveniently located near major employment, recreation and shopping, Parliament Hill, the Rideau Canal, ByWard Market, and active infill development. The main level features a fully fitted restaurant with a dining area of approximately 40 seats, service counter, food preparation area, public washrooms, and access to a full basement. The second level features a two-bedroom apartment with a kitchen and three-piece washroom. Please do not approach restaurant owner or the employees re- this sale.

Property Summary

Building Type

Investment

Land Size

32 x 94.75 feet

Storeys

N/A

Property Tax - 2026

$29436.22

Address

Address

511 Bank Street

City

Ottawa

Postal Code

K2P 1Z5

Province

Ontario

Community Name

4103 - Ottawa Centre

Country

Canada

Details

Building Overview

Bedrooms & Bathrooms

  • Total Bedrooms - 0
  • Total Bathrooms - 0

Interior

Exterior

Heating & Cooling

  • Heat Type - Baseboard
  • Heat Source - Unknown
  • Cooling Source - Partial

Utilities

  • Water Service - Municipal
  • Sewer Service - Unknown

Rooms Overview

Room Floor Dimensions Features
No room data available for this listing

Land Overview

Lot Dimensions

32 x 94.75 Feet

Property Features

Shoreline

Questions?

Interested in scheduling a viewing? Or just have some questions about the listing? Let us know!

EXP REALTY

Brokerage

343 PRESTON STREET, 11TH FLOOR

OTTAWA, ON, K1S1N4

866-530-7737

Disclaimer

Listing data is copyrighted by the Toronto Regional Real Estate Board. It is intended solely for consumers with a genuine interest in the purchase, sale, or lease of real estate and may not be used for any commercial or unrelated purposes. While the information is believed to be reliable, accuracy is not guaranteed by Toronto Regional Real Estate Board or Brick & Noble. No representations or warranties, express or implied, are made by Brick & Noble or its affiliates as to the accuracy or completeness of the information shown. Data is deemed reliable but not guaranteed and should be independently verified.