$1,497,000
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511 BANK STREET, Ottawa, ON K2P1Z5

- Beds
0 Baths
2,190 Sq Ft

Rare Investment Opportunity! Achieve nearly 7.5% CAP rate with over $110, 000 in Net Income annually! This 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. The 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. Please note: Do not approach the restaurant owner or staff regarding the sale of the property. (id:55598)

  • MLS® 1415073
  • Date Listed10/04/2024
  • Time on Realty 18 Hours
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Ottawa Centre
  • Year Built 1945
  • 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

Sales & Tax History

Source: Public Records

Walkability in ON / K2P1Z5

Source: Walkscore

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: 69/100, Transit Score: 61/100, Bike Score: 84/100.

Points of interest near 511 BANK STREET, Ottawa, ON K2P1Z5

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: 69/100, Transit Score: 61/100, Bike Score: 84/100.

Listing provided courtesy of: KELLER WILLIAMS INTEGRITY REALTY (tel: (613) 829-1818)
Listing agent: Yisha Chang (tel: (613) 829-1818)

This content last refreshed on 2024-10-04 18:24:38. 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® 1415073