For Sale567 GLADSTONE AVENUE
Ottawa, Ontario, K1R5P2
About this property
Excellent mixed-use investment opportunity in a prime central location! This well-maintained building features a main-level retail/commercial/office space with good storage in the basement plus two separate residential apartments on the upper levels, creating an attractive income-producing property with multiple potential uses. The second-floor apartment offers 1 bedroom with parking included while the third-floor apartment offers an additional residential unit generating steady rental income. Tenants currently pay their own utilities with the exception of water, helping reduce operating costs. The main-level office space provides excellent exposure and flexibility for a variety of business uses or future leasing opportunities. A detached garage and parking for 4 vehicles included behind the building. Ideal opportunity for investors seeking cash flow and future rental upside, or owner-occupiers looking to operate a business while benefiting from additional income from the residential units above. Conveniently located close to downtown, transit, shopping, restaurants, and major amenities. Rare opportunity to own a versatile mixed-use property in a sought-after urban location with strong long-term potential. (id:66947)
Property details
Property
- Property Type
- Retail
- Property Subtype
- Retail
- Bathrooms
- 3
- Square Footage
- 3500
- Lot Dimensions
- Bldg=21.29 x 148.52 FT ; L shaped lot
Interior
- Heating
- Baseboard heaters
- Cooling
- None
Exterior
- Parking
- 4 spaces
Utilities
- Water
- Municipal water
Financial
- Property Taxes
- 7471
Location
- City
- Ottawa
- Postal Code
- K1R5P2
Location
Estimated payment only. Not financial advice. Excludes taxes, insurance, condo fees and mortgage default insurance.
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