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605 Center St 1,851 SF Retail Building Ottawa, ON K1K 2N8 $791,538 USD ($427.63 USD/SF)
Investment Highlights
- Prime mixed-use duplex located near the high-traffic intersection of Montreal Road and Center Street with exceptional visibility.
- Second-floor residential apartment currently rented, plus basement included at no additional cost for dry storage.
- Approximately 960 sq. ft. of freshly painted ground-floor retail space with private bathroom, high loading dock, and double man door.
- Desirable MS2 [2199] zoning permitting a wide range of commercial and residential uses, with redevelopment potential up to 30 metres in height.
Executive Summary
Retail/residential duplex for sale near the intersection of Montreal Road and Center Street. The property is located directly across the street from a large retail plaza. The location is blessed with very high traffic and visibility from the intersection. The ground floor measures approximately 960 sf of nicely finished usable space with a private bathroom. It is vacant and freshly painted. Use it for your own business, or rent it. There is a high loading dock with a double man door for shipping and receiving. The basement is included at no additional charge and is usable for dry storage. The second floor is a residential apartment and is rented. The property offers excellent MS2 [2199] zoning, which is ideal for a wide range of commercial and mixed residential uses, and a great candidate for using the property for a redevelopment of greater height and density. The new zoning permits up to 30 meters in height.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,851 SF
Building Class
C
Year Built
1949
Price
$791,538 USD
Price Per SF
$427.63 USD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.39
Lot Size
0.11 AC
Zoning
MS2 [2199]
Parking
4 Spaces (2.16 Spaces per 1,000 SF Leased)
Frontage
41’ on Center St
Amenities
- Bus Line
- Controlled Access
- Security System
- Signage
- Signalized Intersection
- Accent Lighting
- Smoke Detector
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 10
Videos
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Photos
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Street
Map
Presented by
Royal Lepage Integrity Realty
605 Center St
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