511 Bank Street
Ottawa Centre, Ottawa, ON K2P1Z5
$1,269,000
About this property
Commercial mixed-use investment property with $150,549 gross rental income and $112,904 NOI, offered at an attractive 8.9cap rate! This property is located in a central and established urban area, surrounded by numerous retail services and commercial activities. Just north of Catherine Street and the Queensway, it is minutes from the downtown core and conveniently located near major employment, recreation and shopping, Parliament Hill, the Rideau Canal, ByWard Market, and active infill development. The main level features a fully fitted restaurant with a dining area of approximately 40 seats, service counter, food preparation area, public washrooms, and access to a full basement. The second level features a two-bedroom apartment with a kitchen and three-piece washroom. Please do not approach restaurant owner or the employees re- this sale. (id:67282)
Property details
- MLS® number
- X13764372
- Property type
- Commercial
- Lot size
- 32 x 94.75 FT
- Annual taxes
- $29,436
- Neighbourhood
- Ottawa Centre
- Listed
- Sep 10, 2026
Highlights
- Heating: Baseboard heaters, Forced air, Natural gas
- Partially air conditioned
- Appliances: Dishwasher
Location
Listed by eXp Realty. Information deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and REALTOR® are trademarks of The Canadian Real Estate Association (CREA). View this listing on REALTOR.ca