Rare Investment Opportunity! Achieve nearly 7.5% CAP rate with over $110, 000 in Net Income annually!\r\n\r\nThis mixed-use commercial property is located in a thriving, well-established urban area, surrounded by a diverse range of retail and commercial services. Conveniently situated just north of Catherine St and the Queensway, the property offers easy access to Ottawa's downtown core, major employment hubs, recreational facilities, shopping districts, Parliament Hill, Rideau Canal, Byward Market, and several ongoing infill developments.\r\n\r\nThe building features a fully equipped restaurant on the main floor, including a spacious dining area (seating for approximately 40), a service counter, a food preparation area, public restrooms, and access to a full basement. The second floor includes a two-bedroom apartment, complete with a kitchen and a three-piece bathroom.\r\n\r\nPlease note: Do not approach the restaurant owner or staff regarding the sale of the property. (id:55598)
- MLS® X9521113
- Date Listed10/04/2024
- Days on Realty 76 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Subdivision 4103 - Ottawa Centre
- Property Type Other
- Year Built 1945
- Water Public
- Square Feet 2,190 sq. ft
- Price Per Sq. Ft $683.56
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Public • PK - 5
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
Cambridge St Community Public School
Public • PK - 5
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
Lady Evelyn Alternative School
Public • PK - 5
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
École élémentaire publique Francojeunesse
Public • PK - 5
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
Pierre Elliott Trudeau Elementary School
Public • 7 - 11
32.19 km
Distance
Public • 6 - 12
32.19 km
Distance
Fisher Park Public School / Summit Alternate School
Public • 6 - 8
32.19 km
Distance
St. Patrick's Intermediate School
Public • 6 - 8
32.19 km
Distance
Franco-Cité Catholic Secondary School
Public • 6 - 12
32.19 km
Distance
École secondaire publique Omer-Deslauriers
Public • 6 - 12
32.19 km
Distance
Public • 6 - 12
32.19 km
Distance
Frank Ryan Catholic Intermediate School
Public • 6 - 8
32.19 km
Distance
Samuel-Genest Catholic Middle School
Public • 6 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
St. Nicholas Adult High School (Central Campus)
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Albert Street Education Centre
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
École secondaire publique De la Salle
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
St. Nicholas Adult High School (West Campus)
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Private • 9 - 12
20 km
Distance
Nouvelle école élémentaire catholique au coeur d'Ottawa
Private • PK - 5
20 km
Distance
Private • 6 - 8
20 km
Distance
Private • PK - 5
20 km
Distance
École élémentaire publique Mauril-Bélanger
Private • PK - 5
20 km
Distance
Private • PK - 12
20 km
Distance
Private • PK - 5
20 km
Distance
Private • PK - 2
20 km
Distance
Ottawa Jewish Community School
Private • PK - 5
20 km
Distance
Private • 6 - 12
20 km
Distance
Sales & Tax History
Source: Public Records
Street Address | Beds | Baths | Sold Date | List Price |
---|---|---|---|---|
97 MARLOWE CRESCENT | 4 | 2 | Dec 05, 2024 | $1,350,000 |
1054 GLADSTONE AVENUE | 3 | 3 | Nov 30, 2024 | $869,000 |
1332 THAMES STREET | 3 | 2 | Dec 07, 2024 | $999,900 |
131 ARMSTRONG STREET | 3 | 3 | Dec 05, 2024 | $969,000 |
2409 CARLSEN AVENUE | 3 | 3 | Dec 03, 2024 | $959,000 |
49 ROSLYN AVENUE | 3 | 2 | Dec 11, 2024 | $799,000 |
6 KEBRAL AVE | 4 | 2 | Nov 28, 2024 | $1,499,000 |
14 THORNTON AVENUE | 4 | 4 | Oct 21, 2024 | $3,200,000 |
2355 PALM STREET | 5 | 2 | Dec 11, 2024 | $734,900 |
21 FENTIMAN AVENUE | 6 | 4 | Dec 04, 2024 | $1,999,900 |
98/100
Walker's Paradise
Walk Score ®
62/100
Good Transit
Transit Score ®
98/100
Biker's Paradise
Bike Score ®
Overview
Daily errands do not require a car. Many nearby public transportation options. Daily errands can be accomplished on a bike.Transit Summary
25 nearby routes: 25 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 61/100, Bike Score: 83/100.
Points of interest near 511 BANK STREET, Ottawa, ON K2P1Z5
Talay Thai, Ottawa, ON, Canada
Food • Retail • Nightlife
3 m
Distance
Meow! That's Hot, Ottawa, ON, Canada
Food • Retail Nightlife
25 m
Distance
32 m
Distance
38 m
Distance
Instant Imprints, Ottawa, ON, Canada
Retail Professional
43 m
Distance
Wilf & Ada's, Ottawa, ON, Canada
Food • Retail Nightlife
46 m
Distance
50 m
Distance
Professional Retail
51 m
Distance
GoGiYa Sushi n Poké, Ottawa, ON, Canada
Food • Retail • Nightlife
54 m
Distance
58 m
Distance
Arlington Five, Ottawa, ON, Canada
Food Retail
64 m
Distance
68 m
Distance
Talay Thai, Ottawa, ON, Canada
Food • Retail • Nightlife
3 m
Distance
Meow! That's Hot, Ottawa, ON, Canada
Food • Retail Nightlife
25 m
Distance
Wilf & Ada's, Ottawa, ON, Canada
Food • Retail Nightlife
46 m
Distance
GoGiYa Sushi n Poké, Ottawa, ON, Canada
Food • Retail • Nightlife
54 m
Distance
Arlington Five, Ottawa, ON, Canada
Food Retail
64 m
Distance
Catherine / Bank, Ottawa, ON, Canada
Transport
43 m
Distance
Transport Professional
49 m
Distance
Bank / Arlington, Ottawa, ON, Canada
Transport
55 m
Distance
Bank / Catherine, Ottawa, ON, Canada
Transport
70 m
Distance
Talay Thai, Ottawa, ON, Canada
Food • Retail • Nightlife
3 m
Distance
Meow! That's Hot, Ottawa, ON, Canada
Food • Retail Nightlife
25 m
Distance
Wilf & Ada's, Ottawa, ON, Canada
Food • Retail Nightlife
46 m
Distance
GoGiYa Sushi n Poké, Ottawa, ON, Canada
Food • Retail • Nightlife
54 m
Distance
Instant Imprints, Ottawa, ON, Canada
Retail Professional
43 m
Distance
Transport Professional
49 m
Distance
Professional Retail
51 m
Distance
36 m
Distance
60 m
Distance
13 m
Distance
49 m
Distance
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Frequently Asked Questions for 511 BANK STREET
Source: Realty.com
511 BANK STREET, Ottawa, ON K2P1Z5 is a Other, Commercial Sale property listed for $1,497,000 The property is 2190 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 17 photos of 511 BANK STREET.
Our records indicate that 511 BANK STREET was built in 1945.
The full address for this home is 511 BANK STREET, Ottawa, ON K2P1Z5.
511 BANK STREET has been listed on Realty.com since Fri October 04, 2024
Daily errands do not require a car. Many nearby public transportation options. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 61/100, Bike Score: 83/100.
Listing provided courtesy of:
KELLER WILLIAMS INTEGRITY REALTY
(tel: (613) 829-1818)
Listing agent:
YISHA CHANG
(tel: (613) 276-2217)
This content last refreshed on 2024-12-19 17:10:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 511 BANK STREET, Ottawa, ON K2P1Z5 : MLS® X9521113