940 Montreal Road Ottawa, Ontario K1K 4E5
$1,500,000
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:36465)
Property Details
| MLS® Number | 1400405 |
| Property Type | Retail |
| Neigbourhood | Carson Grove |
| Parking Space Total | 10 |
Building
| Constructed Date | 1980 |
| Size Interior | 3600 Sqft |
Land
| Acreage | No |
| Size Depth | 157 Ft ,9 In |
| Size Frontage | 79 Ft ,5 In |
| Size Irregular | 79.44 Ft X 157.72 Ft (irregular Lot) |
| Size Total Text | 79.44 Ft X 157.72 Ft (irregular Lot) |
| Zoning Description | Am10 |
https://www.realtor.ca/real-estate/27115551/940-montreal-road-ottawa-carson-grove
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October 28 2024 09:12:57
Ottawa Real Estate Board
Royal LePage Team Realty
Brent McElheran, Broker of Record Royal LePage Team Realty
McElheran & Associates
Phone: 613.725.1171 | Toll free: 1.800.307.1545 | Email: mail@brentmcelheran.com
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