940 MONTREAL ROAD Active

Ottawa,ON K1K4E5

$ 1500000

- Bed

- Bath

3600 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. Floorplan in attachment. (id:24570)

Location

Province ON

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 10

Private Pool No

Others

Ownership Freehold

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