$ 1,500,000
940 MONTREAL ROAD Ottawa, ON K1K4E5
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$ 1,500,000
Est. payment | /mo
3,600 SqFt
$ 1,500,000
Est. payment | /mo
3,600 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $416
Subdivision Carson Grove
MLS® Listing ID 1400405
Originating Board Ottawa Real Estate Board
Year Built 1980
Property Description
Commercial buildings for sale boasting excellent exposure and location. The property consists of two detached buildings: one currently operating as a pub (owner-operated) and the other leased to a hair salon. Ample on-site parking is available. The property offers excellent accessibility and visibility, situated in an AM10 commercial zone with significant redevelopment potential in the future.Both buildings are well-maintained and up-to-date with building codes. Current rental income is $84,000 per year for the pub (lease renewable or terminable at any time) and $15,600 per year for the salon (lease expiring in November 2025). This presents a compelling opportunity to acquire investment real estate. (id:24570)
Location
Province ON
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 10
Private Pool No
Others
Ownership Freehold
Listed by ROYAL LEPAGE TEAM REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "