350 Booth St - Storefront Retail/Residential FOR SALE


Ottawa, ON K1R 7K4
$2,200,000 CAD
613-728-2664
350 Booth St, Ottawa, ON for Sale
$2,200,000 CAD
Storefront Retail/Residential - FOR SALE
1/2
null | 7.5% Cap Rate

350 Booth St
Ottawa, ON K1R 7K4


HIGHLIGHTS

  • Iconic building located on a corner lot
  • Existing commercial tenant (restaurant) on ground floor and 3 appartments on the upper floor
  • 6 Parking spots on site
  • Restaurant that fits 100 seats inside, plus 25 seats on the patio
  • Commercial and residential investment opportunity
  • Excellent location on Booth Street

OVERVIEW

7.5% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that's been operating since 1995 on the ground floor unit. This can be a turn-key investment or for self use owner occupied as well. 3 Apartments on the upper floor. Each unit approx 600-700sqft. 6 Parking spots on site. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. Restaurant premise is approx 2000sqft. Functional lower level and being used as part of the restaurant for preparation, fridges, freezers and storage. 2nd floor with 3 two bedroom apartments, kitchen, living/dining area, full bathroom. Each apartment pays their own hydro. Well maintained building and Turn-key investment. Roof replaced 2012.

FOR SALE DETAILS

PRICE

$2,200,000 CAD

PRICE/SF

$545 CAD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial GM2 & RH4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Raymond ChinColdwell Banker Commercial First Ottawa RealtyMore Info
613-728-2664

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Raymond ChinColdwell Banker Commercial First Ottawa RealtyMore Info
613-728-2664

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.