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.
Percent of Building:
100
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
3300 sq. ft. Square Feet
Total Area:
3,300 sq. ft.307 m2
Retail Area:
1600 sq. ft. Sq Ft
Office/Apt Area:
1700 sq. ft. Sq Ft
Lot Depth:
50'15.2 m
Lot Frontage:
66'20.1 m
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
R5B
Heating type:
Gas Hot Water
Garage:
Outside/Surface
Parking Spaces:
12
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Development Charges Paid:
No
Type Taxes:
Annual
Taxes:
$17,050 /
2025
Assessment:
$- /
2025
Ottawa
Ottawa Centre
4102 - Ottawa Centre
No
Shelves and coolers
Washer, dryer, stove, air conditions, regrigerators, and all funitures.
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Financial Statements:
No
Condo Fee:
$0
Property Management Company:
Owner
Major Business Type:
Other
Category:
Multi-Use
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
7:00 a.m. to 10:00 p.m. Mondat to Thursday, inclusive; 7:30 a.m. to 10:00 p.m. Friday; 8:30 a.m. to 10:30 p.m. Saturday; 9:00 a.m. to 10:30 p.m. Sunday and statutory holidays.
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