Mirna Botros

613-600-2626

111 York Street - $2,749,000

111 York Street

$2,749,000

4001 - Lower Town/Byward Market

Ottawa, OntarioK1N8Y3

0 beds

0 baths

4 parking

MLS#: X12105210Listed: 8 days agoUpdated:1 day ago

Description

Welcome to 111 York Street a true gem in Ottawa's iconic Byward Market. Exceptional turn-key investment property that will impress anyone looking to add to their portfolio. This mixed-use building offers the perfect blend of commercial and residential, with high foot traffic, great visibility, and multiple income streams. The main floor retail unit is currently leased to a popular café generating $4,000/month in gross rent. Main floor has approximately 1,153 sq. ft. of usable space, plus an additional office and storage area in the basement. This space is well-equipped for a variety of food and beverage concepts. Featuring ample seating and standing areas, a large patio overlooking green space, fully built-out leasehold improvements, and a prime location steps from the Rideau Centre, University of Ottawa, government offices, and dense residential zones, the possibilities are endless. Above the retail, discover the crown jewel: a spacious 2-storey loft-style unit with 1,969 sq. ft. Fully furnished and operating as a successful short-term rental, the unit includes 3 bedrooms and 2.5 bathrooms, offering the flexibility to be used as a residence, office space, or continued Airbnb income property. The building also comes with a large parking lot (approx 24' x 40') behind the building that could be used for further development and expansion. Whether you're an investor looking for a stable asset in a premier location, or a startup entrepreneur seeking a dynamic live/work space, 111 York Street delivers the rare combination of location, versatility, and character. (id:58075)