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940 MONTREAL ROAD
Ottawa Ontario , K1K4E5 , Canada
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$1,399,000.00
MLS® 1374321
Commercial
Lot Frontage: 79.4 Feet
Lot Depth: 157.8 Feet
Lot Size: 79.44 ft X 157.72 ft (Irregular Lot)
No. of Parking Spaces: 10
Built in: 1980
Zoning: AM10
Remarks:
Commercial buildings for sale with excellent exposure and location. The property comprises two detached buildings: one currently operating as a pub (owner operating) and the other leased to a hair salon. Ample parking is available on-site, and the property offers great accessibility and visibility. It is situated in an AM10 commercial zone with significant potential for redevelopment in the future.The buildings are well-maintained, with repairs up to date. Current rental income includes $84,000 per year for the pub (lease renewable at any time) and $15,600 per year for the salon (lease expiring in November 2025). The pub building measures 2,854 sq ft, while the salon building measures 840 sq ft. The pub is operated by the owner of the property.A condition of purchasing the real estate is acquiring the business together; please refer to MLS #1373910 for the business listing. This presents a great opportunity to acquire a long-term business with its real estate. (id:7526)

Property Features:
  • MaintenanceFee Type: Landscaping , Property Management , Insurance , Other, See Remarks
  • OwnershipType: Freehold
  • Property Type: Retail

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