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$ 1,799,000
Est. payment /mo
New
245 Bay ST Ottawa, ON K1R 5Z4
UPDATED:
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
Listed by COLDWELL BANKER FIRST OTTAWA REALTY
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