245 Bay St, Ottawa, K1R 5Z4

Listing Overview

Description

Exceptional Investment Opportunity! This prime corner property is located at the corner of Bay Street and Gloucester Street in downtown Ottawa. Benefiting from dual frontage and two separate addresses on both streets . It is surrounded by several high apartment buildings. In a densely populated neighborhood, it offers access to top-rated public schools, parks, and recreational facilities. The location is highly convenient, with bus stops and the OLRT-Lyon light rail station within walking distance.The property spans 3,300 square feet, upstairs with 5 0ffices/bedrooms (suitable for use as offices, residentials, or other uses) and 2 bathrooms, along with 1 kitchen. The first floor is currently operating as a grocery store, but can easily be adapted for other uses. A total of 12 parking spaces are available, with 7 at the rear currently rented out for additional rental incomes. With ample parking, excellent transportation access, and versatile usage options, this is a turnkey investment-don't miss out on this rare opportunity! Owner can offer second mortgage choice to buyer.

3 days

On Market

Commercial/Retail

Property Type

$17,050 / Year

Est. Taxes

Multi-Use

Style

Other

Business Type

N

Franchise