This beautifully renovated 3-story commercial building, located on prestigious Gilmour Street between Kent and Bank in the heart of Centretown Ottawa, presents an exceptional investment opportunity. Zoned GM (General Mixed Use), the property offers approximately 3000 square feet of versatile space, currently leased as office space with positive cashflow and a cap rate of over 5%, but with zoning allowing for a wide range of uses. Soaring 12 ft ceilings and oversized new vinyl windows flood the space with natural light. Luxury vinyl floors, and soundproof walls create a premium environment. A new roof installed in 2020 and full interior/exterior renovation (2022) and upgrades ensure minimal maintenance costs. On-site parking for 6-7 cars, supplemented by ample street parking and wheelchair accessible ramp, adds significant value and convenience to tenants and their clients. This prime location, combined with the extensive renovations and flexible GM zoning, makes this property a truly rare find. (id:4069)
Address
421 GILMOUR STREET
List Price
$1,649,000
Property Type
Office
Type of Dwelling
Offices
Area
Ontario
Sub-Area
Ottawa
Floor Area
4,801 Sq. Ft.
Lot Size
Bldg=44 x 108.99 FT Sq. Ft.
MLS® Number
X11983849
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Postal Code
K2P0R5
Zoning
GM (General Mixed Use)
Open Houses
- March 02, 2:00 PM - 4:00 PM