Overbook - Castleheights And Area, ON K1K 4E5,940 MONTREAL RD
Overbook - Castleheights And Area, ON K1K 4E5,940 MONTREAL RD
Overbook - Castleheights And Area, ON K1K 4E5,940 MONTREAL RD
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$1,500,000
Est. payment /mo
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3,600 SqFt
Active

940 MONTREAL RD Overbook - Castleheights And Area, ON K1K 4E5

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UPDATED:

11/06/2024 07:48 PM

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $416

MLS Listing ID X9515918

Annual Tax Amount $33,504

Tax Year 2023

Property Description

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.

Location

Province ON

County Ottawa

Area 3505 - Carson Meadows

Rooms

Family Room No

Interior

Cooling Unknown

Exterior

Garage Spaces 10.0

Pool None

Utilities Available Unknown

Roof Type Unknown

Parking Type Unknown

Others

Security Features Unknown

Pets Description Unknown


Listed by ROYAL LEPAGE TEAM REALTY

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Keyvan Foroughi

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+1(416) 702-9055

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940 MONTREAL RD