Get access to recent sales data and market insights for this area
Sign in to see additional details, transaction history, and recent solds in the same area.
Please enter your email address below to receive a secure sign-in link.
$1,799,000
For Sale
245 Bay Street, Ottawa Centre, ON K1R 5Z4
Ottawa Centre, ON K1R 5Z4
Property Sub Type
Commercial Retail
Property Type
Commercial
Property Use
Multi-Use
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.
