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Commercial Duplex 655 Bayview Dr 4,000 SF 100% Leased Retail Building Ottawa, ON K0A 3M0 $429,108 USD ($107.28 USD/SF)

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INVESTMENT HIGHLIGHTS

  • turn-key restaurant space
  • captive local population
  • lots of equipment and hood fans available for immediate use

EXECUTIVE SUMMARY

Situated on the main road going through Constance Bay this building has a 2,500 sf ground floor retail area plus a second floor 3 bedroom apartment, which can also be used as an office. At the back of the ground floor there is a commercial kitchen with a hood fan, ventilation, walk-in cooler and dishwasher. A second hood fan system is located in the front area. Two bathrooms on the ground floor were updated within the last few years. The property is being delivered vacant. Zoning is Village Main which allows for restaurant, retail and redevelopment to a larger multi- family building if desired. The lot is more than 1/3 of an acre. Beach access nearby within walking distance. Purchase the building to open your own business, or rent it as an income property.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,000 SF
Building Class
B
Year Built
1975
Price
$429,108 USD
Price Per SF
$107.28 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.23
Lot Size
0.40 AC
  • Listing ID: 30366827

  • Date on Market: 12/14/2023

  • Last Updated:

  • Address: 655 Bayview Dr, Ottawa, ON K0A 3M0

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