7.5% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that's been operating since 1995 on theground 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 approx600-700sqft. 6 Parking spots on site. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. Restaurant premise is approx2000sqft. Functional lower level and being used as part of the restaurant for preparation, fridges, freezers and storage. 2nd floor with 3 twobedroom apartments, kitchen, living/dining area, full bathroom. Each apartment pays their own hydro. Well maintained building and Turn-keyinvestment. Roof replaced 2012. Viewings are by appointment only through listing agent. Please respect the restaurant business thats inoperation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer.
Address
350 Booth Street
List Price
$2,198,000
MLS® Status
New
Expiration Date
2026-12-31
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
West Centre Town
Sub-Area
4205 - West Centre Town
Region
Ottawa
Lot Size Source
MPAC
Lot Depth
74.62
Lot Type
Building
Lot Size Units
Feet
Lot Width
53.5
Parcel Number
041080246
Occupant Type
Owner
Cross Street
Booth & Poplar
MLS® Number
X12628958
Listing Brokerage
COLDWELL BANKER FIRST OTTAWA REALTY
Postal Code
K1R 7K4
Posession Details
TBD
Tax Amount
$16,500.00
Tax Year
2025
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Partial
Garage Type
Visitor
Security Features
Partial