111 York Street Ottawa, Ontario K1N 8Y3
$2,749,000
Welcome to 111 York Street a true gem in Ottawas 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, 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. 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:55499)
Property Details
MLS® Number | X12105210 |
Property Type | Office |
Community Name | 4001 - Lower Town/Byward Market |
Amenities Near By | Public Transit |
Parking Space Total | 4 |
Building
Appliances | Furniture |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Interior | 3122 Sqft |
Type | Offices |
Utility Water | Municipal Water |
Land
Acreage | No |
Land Amenities | Public Transit |
Size Depth | 99 Ft |
Size Frontage | 24 Ft ,7 In |
Size Irregular | 24.65 X 99 Ft ; 0 |
Size Total Text | 24.65 X 99 Ft ; 0 |
Zoning Description | Md2574mixeduse |
https://www.realtor.ca/real-estate/28217992/111-york-street-ottawa-4001-lower-townbyward-market
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