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397 Montreal Rd 1,429 SF Office Building Ottawa, ON K1L 8K7 $573,098 USD ($401.05 USD/SF)



INVESTMENT HIGHLIGHTS
- High traffic corner
- Public transit routes just steps away
- Bachelor's apartment upstairs
- Mixed use zoning for a broad range, such as retail, medical, service commercial, office, residential, and institutional uses
- Currently built-out as a Chiropractor's office on the main level
- Excellent investment or redevelopment opportunity
EXECUTIVE SUMMARY
Exceptional Investment Opportunity in a Prime, High-Traffic Location! Don't miss your chance to own a versatile, stand-alone building with mixed-use zoning, perfectly positioned for maximum exposure and accessibility whether by foot, bike, transit, or car. This property offers a wide range of permitted uses, including retail, professional office, service commercial, residential, and institutional making it ideal for both owner-occupiers and investors alike. Currently used as a Chiropractor's office on main level and a vacant bachelor apartment upstairs. Alternatively, take advantage of its redevelopment potential to unlock even greater value in this dynamic location. Building is in good condition, and is very suitable for a medical office set up, but also a great redevelopment opportunity!
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Building Size
1,429 SF
Building Class
C
Year Built
1919
Price
$573,098 USD
Price Per SF
$401.05 USD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
715 SF
Slab To Slab
14’
Building FAR
0.33
Lot Size
0.10 AC
Zoning
TM - Arterial and Traditional Mainstreet Zones
Parking
6 Spaces (4.2 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (75)
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397 Montreal Rd
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