$2,198,000

Active

350 BOOTH Street, Ottawa, ON· West Centre Town

4000

Sq Ft

16.31 × 74.62 Feet

Lot Size

Visitor Parking

Office

Style

About this Property

Each unit is approximately 600-700 sq ft
This can be a turnkey investment or for self-use owner-occupied as well
6 parking spots on site

7.5% cap rate. ICONIC building located on a CORNER lot with an existing commercial tenant (restaurant) that's been operating since 1995 in the ground floor unit. This can be a turnkey investment or for self-use owner-occupied as well. 3 apartments on the upper floor. Each unit is approximately 600-700 sq ft. 6 parking spots on site. The restaurant seats 100 with 25 patio seats as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, and full bathroom. Each apartment pays their own hydro. Well-maintained building and turnkey investment. Roof replaced in 2023. Viewings are by appointment only through the listing agent. Please respect the restaurant business that's in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer.

Listed by COLDWELL BANKER FIRST OTTAWA REALTY · MLS# X12628954

About Centretown

Urban Core · Avg $450K

Centretown is Ottawa's most walkable and vibrant urban neighbourhood, offering a lifestyle built around convenience, culture, and community. Bounded roughly by the Queensway to the south, the Rideau Canal to the east, Wellington Street to the north, and Bronson Avenue to the west, Centretown places residents within walking distance of Parliament Hill, the National Arts Centre, major museums, and the city's best dining and nightlife corridors on Bank Street, Elgin Street, and Somerset Street.

Walk Score97

Avg Condo Price$450K

Restaurants200+

Walk to Parliament15 min

View Full Centretown Guide