This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

961 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

549 Gladstone Ave

1,800 SF 100% Leased Retail Building Ottawa, ON K1R 5P2 £721,599 (£401/SF) 6.72% Net Initial Yield

Shops & Retail Properties Ontario Ottawa 549 Gladstone Ave, Ottawa, ON K1R 5P2

Investment Highlights

  • Minutes away from the heart of the City
  • Total gross rent is 97,200
  • Residential/commercial property
  • Commercial unit located on main floor and additional income with 3 residential apartments

Executive Summary

Opportunity to own a property minutes away from the heart of the City. Income property located in heart of downtown Ottawa. 547 and 501 Bay is residential/commercial property. Located in the bustling and not far from lively Little Italy, This is an excellent income generating property this property could also be transformed into a multi-unit building with a commercial space on mail floor .currently Main floor has a cafe and Second floor has 2 of 2 two bedroom apartments. This building also has an address of 501 Bay St as a third one bedroom apartment. Total gross rent is 97,200. All the residential units have been fully renovated and rented. The lot on the side of the property provides 4 parking. It also has a full basement can be turned into another use with separate entrance. Commercial unit located on main floor and additional income with 3 residential apartments units

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,800 SF
Year Built
1910
Price
£721,599
Price Per SF
£401
Net Initial Yield
6.72%
NOI
£48,473
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.64
Lot Size
0.06 AC
Zoning
TM14 H(17) - Traditional Mainstreet
Parking
4 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
68 ft on Bay St

Amenities

  • Bus Route
  • Signage
  • Signalised Intersection
1 of 1
Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (71)
Bike Score ®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Second Cup Cafe
Tim Hortons
The Royal Oak
Independent Grocer
Starbucks
Shoppers Simply Pharmacy
The Famous Owl of Minerva
Scotiabank
Anytime Fitness
Td Canada Trust
(613) 276-0398

Contact

  • Listing ID: 30828664

  • Date on Market: 31/01/2024

  • Last Updated:

  • Address: 549 Gladstone Ave, Ottawa, ON K1R 5P2

The Retail Property at 549 Gladstone Ave, Ottawa, ON K1R 5P2 is currently available for sale. Contact Re/Max Affiliates Realty LTD for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

1 of 11
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/11
549 Gladstone Ave, Ottawa, ON for sale Primary Photo- Image 1 of 11
Primary Photo
549 Gladstone Ave, Ottawa, ON for sale Building Photo- Image 2 of 11
Exterior
549 Gladstone Ave, Ottawa, ON for sale Interior Photo- Image 3 of 11
Interior
549 Gladstone Ave, Ottawa, ON for sale Interior Photo- Image 4 of 11
Interior
549 Gladstone Ave, Ottawa, ON for sale Interior Photo- Image 5 of 11
Interior
549 Gladstone Ave, Ottawa, ON for sale Interior Photo- Image 6 of 11
Interior
549 Gladstone Ave, Ottawa, ON for sale Interior Photo- Image 7 of 11
Kitchen
549 Gladstone Ave, Ottawa, ON for sale Interior Photo- Image 8 of 11
Kitchen
549 Gladstone Ave, Ottawa, ON for sale Building Photo- Image 9 of 11
Building Photo
549 Gladstone Ave, Ottawa, ON for sale Building Photo- Image 10 of 11
Building Photo

1 of 1

Connect with us

© 2024 CoStar Group

549 Gladstone Ave
(613) 276-0398 x

549 Gladstone Ave

Akram Syed

(613) 276-0398

(613) 276-0398

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link