Commercial/retail For Sale - 940 MONTREAL Rd, Overbook - Castleheights

location_on 940 MONTREAL Rd, Overbook - Castleheights and Area

Commercial/retail

940 MONTREAL Rd

Overbook - Castleheights and Area, Ontario K1K 4E5

$1,500,000

For Sale

Property Information

Commercial buildings for sale boasting excellent exposure and location. The property consists of two detached buildings: one currently operating as a pub (owner-operated) and the other leased to a hair salon. Ample on-site parking is available. The property offers excellent accessibility and visibility, situated in an AM10 commercial zone with significant redevelopment potential in the future.Both buildings are well-maintained and up-to-date with building codes. Current rental income is $84,000 per year for the pub (lease renewable or terminable at any time) and $15,600 per year for the salon (lease expiring in November 2025). This presents a compelling opportunity to acquire investment real estate. Floorplan in attachment.

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : X9515918
Price : $1,500,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 146
Address
Postal Code : K1K 4E5
City : Overbook - Castleheights and Area
Street : MONTREAL
Street Number : 940
Street Suffix : Rd
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Features
Parking : 10
Brokerage
Office Name : ROYAL LEPAGE TEAM REALTY
Extra Information
Area : Ottawa
living_area : 0
living_area_unit : Sqft
Community : 3505 - Carson Meadows
Lease : Sale
Tax Year : 2023

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940 MONTREAL Rd Overbook - Castleheights and Area, Ontario K1K 4E5