511 Bank Street Ottawa, Ontario K2P 1Z5
$1,269,000
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. (id:67947)
Property Details
| MLS® Number | X13764372 |
| Property Type | Business |
| Community Name | 4103 - Ottawa Centre |
Building
| Appliances | Dishwasher |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air |
| Size Interior | 2,131 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 94 Ft ,9 In |
| Size Frontage | 32 Ft |
| Size Irregular | 32 X 94.75 Ft |
| Size Total Text | 32 X 94.75 Ft |
| Zoning Description | Ms1 H(30) |
https://www.realtor.ca/real-estate/30257123/511-bank-street-ottawa-4103-ottawa-centre
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Nicolas SigounisREALTOR® · EXIT Realty Matrix, BrokerageBook a private showing or ask anything about this home. Nicolas will get back to you quickly.
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September 10 2026 12:22:52
Ottawa Real Estate Board
Exp Realty