350 Booth Street, Ottawa, Ontario

$2,198,000

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About 350 Booth Street

7.5% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that's been operating since 1995 in the ground floor unit. This can be a turnkey investment or for self-use owner-occupied as well. 3 apartments on the upper floor. Each unit is approximately 600-700 sq ft. 6 Parking spots on site. The restaurant seats 100 with 25 patio seats as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, and full bathroom. Each apartment pays their own hydro. Well-maintained building and turnkey investment. Roof replaced in 2023. Viewings are by appointment only through the listing agent. Please respect the restaurant business that's in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer. (id:36535)

Features of 350 Booth Street

Listing # X12628966
Price $2,198,000
Bathrooms 0.00
Acres 0.00
Type Business

Community Information

Address 350 Booth Street
Subdivision 4205 - West Centre Town
City Ottawa
Province Ontario
Postal Code K1R7K4

Amenities

Parking Spaces 6
Parking Other
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Partially air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 53.51 x 74.62 FT ; 0

Listing Details

OfficeCourtesy Of COLDWELL BANKER FIRST OTTAWA REALTY

Listing Map