$950,000 CAD
844-511-0270
HIGHLIGHTS
- Located in the vibrant Centretown West neighborhood, just steps from the iconic Claridge and Soho developments.
- Features a successful ground-floor restaurant and one-bedroom apartment generating approximately $60,000 in annual net operating income.
- Positioned in close proximity to the planned Ottawa Hospital campus, enhancing future growth and redevelopment opportunities.
- Offers convenient access to public transit and boasts exceptional walk and bike scores, ensuring connectivity for residents and patrons.
OVERVIEW
Prime Location on Preston Street one block from Claridge's ICON Building, Soho Italia Building and very close to Dow's Lake LRT Station and future Ottawa Hospital. Commercial/Residential building. Restaurant on ground floor + 1 bedroom apartment above. Approx. 1600 sq ft including finished basement. NOI: approx. $57k/annum. Potential future development while earning income from existing tenants. Ideal as an investment property. (
FOR SALE DETAILS
PRICE
$950,000 CAD
PRICE/SF
$474 CAD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
MS1[86] H(19.5)
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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844-511-0270
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844-511-0270
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
