This rare investment opportunity features two fully-leased properties (1 mixed-use and 1 commercial) and a vacant parking lot spanning approximately 201 by 101 feet in the heart of downtown Ottawa. Strategically positioned between St. Andrew Street and Guigues Avenue, along the well-trafficked Dalhousie corridor, the portfolio includes 10 commercial units(7 Tenants) and 6 residential apartments, all fully occupied.Generating a strong gross income of over $438,000 annually, the offering presents stable cash flow with upside potential through future rent escalations or site intensification. Zoned TM (Traditional Mainstreet), the properties benefit from flexible zoning that supports a wide range of commercial and residential uses, making this a rare and versatile holding in one of Ottawas most dynamic urban neighbourhoods.Opportunities to acquire this scale and street presence in the ByWard Market area are exceptionally limited, particularly with assembled frontage and secure income in place. (id:48755)
MLS® Number | X12242112 |
Property Type | Business |
Community Name | 4001 - Lower Town/Byward Market |
Amenities Near By | Public Transit |
Features | Irregular Lot Size |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Exterior | 17156 Sqft |
Size Interior | 17156 Sqft |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Public Transit |
Size Depth | 101 Ft ,1 In |
Size Frontage | 202 Ft ,7 In |
Size Irregular | Bldg=202.6 X 101.1 Ft ; Yes |
Size Total Text | Bldg=202.6 X 101.1 Ft ; Yes |
Zoning Description | Tm |
Contact us for more information
Luigi Aiello
Salesperson
(613) 729-9090
(613) 729-9094
www.teamrealty.ca/
Charles Sezlik
Salesperson
(613) 744-6697
(613) 744-6975
www.teamrealty.ca/
Rocco Manfredi
Salesperson
(613) 729-9090
(613) 729-9094
www.teamrealty.ca/