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$ 1,500,000
Est. payment /mo
Active
940 MONTREAL RD Ottawa, ON K1K 4E5
UPDATED:
Key Details
Property Type Other Types
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1400405
Year Built 1980
Annual Tax Amount $33,504
Tax Year 2023
Property Sub-Type Retail
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.
Location
Province ON
Listed by ROYAL LEPAGE TEAM REALTY