421 Gilmour ST new

Ottawa Centre,ON K2P 0R5

$ 1649000

- Bed

- Bath

4800 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $343

Subdivision 4103 - Ottawa Centre

MLS Listing ID X11983849

Annual Tax Amount $30,281

Tax Year 2024

Property Sub-Type Office

Property Description

This beautifully renovated 3-story commercial building, located on prestigious Gilmour Street between Kent and Bank in the heart of Centretown Ottawa, presents an exceptional investment opportunity. Zoned GM (General Mixed Use), the property offers approximately 3000 square feet of versatile space, currently leased as office space with positive cashflow and a cap rate of over 5%, but with zoning allowing for a wide range of uses. Soaring 12 ft ceilings and oversized new vinyl windows flood the space with natural light. Luxury vinyl floors, and soundproof walls create a premium environment. A new roof installed in 2020 and full interior/exterior renovation (2022) and upgrades ensure minimal maintenance costs. On-site parking for 6-7 cars, supplemented by ample street parking and wheelchair accessible ramp, adds significant value and convenience to tenants and their clients. This prime location, combined with the extensive renovations and flexible GM zoning, makes this property a truly rare find.

Location

Province ON

County Ottawa

Community 4103 - Ottawa Centre

Area Ottawa

Interior

Cooling Partial

Exterior

Utilities Available Yes

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