$2,198,000
Available - For Sale
Listing ID: X12007991
350 BOOTH St , West Centre Town, K1R 7K4, Ontario


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. Viewings are by appointment only through listing agent. Please respect the restaurant business thats in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer.
Price $2,198,000
Taxes: $1650.00
Tax Type: Annual
Occupancy by: Owner
Address: 350 BOOTH St , West Centre Town, K1R 7K4, Ontario
Postal Code: K1R 7K4
Province/State: Ontario
Legal Description: PT LT 202, PL 14 , AS IN N719104 ; OTTAW
Lot Size: 53.51 x 74.62 (Feet)
Directions/Cross Streets: Booth & Poplar
Category: Office
Building Percentage: Y
Total Area: 4000.00
Total Area Code:  Sq Ft
Office/Appartment Area: 5000
Office/Appartment Area Code: Sq Ft
Retail Area: 2000
Retail Area Code: Sq Ft
Sprinklers: Part
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Part
Elevator Lift: None
Water: Municipal
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Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLDWELL BANKER FIRST OTTAWA REALTY
Personal Picture
Arthur Sercan & Jenny Spanos
Sales Representative
Dir:
416-723-4688
Bus:
416-445-8855
 
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At a Glance:
Type: Com - Office
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4205 - West Centre Town
Style:
Lot Size: 53.51 x 74.62(Feet)
Approximate Age:
Tax: $1,650
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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