940 MONTREAL ROAD

Retail For Sale in Ottawa, Ontario

$1,500,000
  • 3,600 Sq. Ft.
  • Built 1980
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:4069)
Address 940 MONTREAL ROAD
List Price $1,500,000
Property Type Retail
Area Ontario
Sub-Area Ottawa
Floor Area 3,600 Sq. Ft.
Lot Size 79.44 ft X 157.72 ft (Irregular Lot) Sq. Ft.
Year Built 1980
MLS® Number 1400405
Listing Brokerage ROYAL LEPAGE TEAM REALTY
Postal Code K1K4E5
Zoning AM10

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