Ottawa Realtor Michele Xu

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940 MONTREAL ROAD

Ottawa, Ontario K1K4E5

$1,500,000 for sale

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MLS®:
1400405
Contract Days:
145
Community:
Carson Grove
Ownership:
Freehold
Property Type:
AM10
Total Size:
79.44 ft X 157.72 ft (Irregular Lot)
Built Date:
1980
Parking:
10
Bedrooms:
+
Bathrooms:
Interior Features
Construction Style:
Total Stories:
Total Bedrooms:
Bedrooms Above Ground:
Bedrooms Below Ground:
Total Bathrooms:
Whole Bathrooms:
0
Half Bathrooms:
Basement Type:
Basement Development:
Appliances:
Exterior Features
Built Date:
1980
Exterior Finish:
Foundation Type:
Utitilies
Heating Type:
Heating Fuel:
Cooling Type:
Utility Water:
Sewer:
Total Fireplaces:
Type
Level
Size

Note

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. (id:19004)

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