511 BANK STREET, Ottawa
Commercial mixed-use investment property with $150,549 gross rental income and $112,904 NOI, offered at an attractive 8.9cap rate! This property is located in a central and established urban area, surrounded by numerous retail services and commercial activities. Just north of Catherine Street and the Queensway, it is minutes from the downtown core and conveniently located near major employment, recreation and shopping, Parliament Hill, the Rideau Canal, ByWard Market, and active infill development. The main level features a fully fitted restaurant with a dining area of approximately 40 seats, service counter, food preparation area, public washrooms, and access to a full basement. The second level features a two-bedroom apartment with a kitchen and three-piece washroom. Please do not approach restaurant owner or the employees re- this sale. (id:25961)
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Details
- Transaction: For sale
- Zoning Description: MS1 H(30)
Building
- Appliances: Dishwasher
- Cooling: Partially air conditioned
- Fireplace Present: False
- Heating: Baseboard heaters, Forced air
- Heating Fuel: Natural gas
- Size Interior: 2131 sqft
- Utility Water: Municipal water
Land
- Size Depth: 94 ft ,9 in
- Size Frontage: 32 ft
- Size Irregular: 32 x 94.75 FT
This property for sale is located at 511 BANK STREET in Ottawa. It was last modified on September 10th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa properties for sale.
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