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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. (id:37684)
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| MLS® Number | X11983849 |
| Property Type | Office |
| Community Name | 4103 - Ottawa Centre |
| Cooling Type | Partially Air Conditioned |
| Heating Type | Hot Water Radiator Heat |
| Size Exterior | 4800.7 Sqft |
| Size Interior | 4,801 Ft2 |
| Type | Offices |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 108 Ft ,11 In |
| Size Frontage | 44 Ft |
| Size Irregular | Bldg=44 X 108.99 Ft |
| Size Total Text | Bldg=44 X 108.99 Ft |
| Zoning Description | Gm (general Mixed Use) |
https://www.realtor.ca/real-estate/27942226/421-gilmour-street-ottawa-4103-ottawa-centre
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