245 Bay Street, Ottawa, Ontario K1R 5Z4

Listed for:
$1,799,000
0 beds
0 baths
Listed 19 days ago
245 Bay Street, Ottawa, Ontario K1R 5Z4

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Learn more about this property
Listing provided by:
COLDWELL BANKER FIRST OTTAWA REALTY
MLS® number:
X12501344
Agent:
Stephen Wu
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About

Cross Streets: Cross in Bay street and Gloucester Street. ** Directions: West. 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. (id:27476)

Property Highlights

MLS® Number
X12501344
Type
Retail
Community Name
4102 - Ottawa Centre
Land Size
Bldg=66 x 50 FT
Parking Space Total
12

Building

Square Footage
3300 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Hot water radiator heat
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location