Ottawa, ON K1K4E5 940 MONTREAL ROAD
$1,500,000
18 more
Presented By: ROYAL LEPAGE TEAM REALTY
Home Details
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). The pub building measures 2,854 sq ft, while the salon building measures 840 sq ft with an additional unfinished basement for storage. This presents a compelling opportunity to acquire investment real estate. (id:7434)
Presented By: ROYAL LEPAGE TEAM REALTY
Interior Features for 940 MONTREAL ROAD
Other Interior Features
Building Fireplace PresentFalse
General for 940 MONTREAL ROAD
NeighbourhoodCarson Grove
Ownership TypeFreehold
Parking Space Total10
Property TypeRetail
Zoning DescriptionAM10
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty