245 Bay ST new

Ottawa,ON K1R 5Z4

$ 1799000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision 4102 - Ottawa Centre

MLS Listing ID X12501344

Annual Tax Amount $17,050

Tax Year 2025

Property Sub-Type Commercial Retail

Property 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.

Location

Province ON

County Ottawa

Community 4102 - Ottawa Centre

Area Ottawa

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 66.0

Lot Depth 50.0

Others

Security Features No

ParcelsYN No

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