350 Booth Street
West Centre Town, K1R 7K4
FOR SALE
$2,198,000
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Commercial Retail
CATEGORY 53.5 x 74.62
LOT SIZE X12628958
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Property Description
7.5% cap rate. ICONIC building located on a CORNER lot with an existing commercial tenant (restaurant) that's been operating since 1995 in the ground 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 is approximately 600-700 sq ft. 6 parking spots on site. Restaurant seats 100 with 25 patio seating as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level and being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, 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.
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Property Details
Address
350 Booth Street
Community
City
Postal Code
K1R 7K4
Property Type
Commercial Retail, Commercial Retail
Use
Retail
Zoning
Commercial GM2 & RH4
Lot Size
54' x 75'
Acreage
3,992.0 Feet
Taxes
$20,000 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Visitor
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Listing contracted with Coldwell Banker First Ottawa Realty
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