2000 sqft
$849,000
Investment opportunity with minimal hassle. Offers a consistent and appealing annual return on investment, boasting a cap rate of 5.55% or higher, determined by the current listing price. Prime downtown location. This property has served as a well-appointed bar/restaurant establishment for nearly four decades. Boasting 9-foot ceilings, it includes dining areas on multiple floors and a stylish bar lounge. The lower level is equipped with a walk-in cooler. A dependable tenant with over a decade of experience in running the restaurant occupies the premises. Zoned TM. A valuable addition to your enduring investment portfolio. (id:53622)
Property Details
MLS® Number
|
1388646 |
Property Type
|
Retail |
Neigbourhood
|
Centretown |
Parking Space Total
|
3 |
Building
Land
Acreage
|
No |
Size Depth
|
65 Ft ,2 In |
Size Frontage
|
32 Ft ,5 In |
Size Irregular
|
32.4 Ft X 65.2 Ft |
Size Total Text
|
32.4 Ft X 65.2 Ft |
Zoning Description
|
Tm |