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940 MONTREAL ROAD
Ottawa Ontario K1K4E5 Canada

$1,500,000

Active Listing ID X9515918
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Retail

$1,500,000

Active Listing ID X9515918
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940 MONTREAL ROAD 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). This presents a compelling opportunity to acquire investment real estate. Floorplan in attachment. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Retail
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 11/27/2024 5:45:25 PM GMT
Source Updated Date: 12/11/2024 10:56:46 PM GMT

Courtesy of: RUBY XUE, Broker, ROYAL LEPAGE TEAM REALTY