Commercial/retail For Sale - 232 ST PATRICK St, Lower Town - Sandy Hil

location_on 232 ST PATRICK St, Lower Town - Sandy Hill

Commercial/retail

232 ST PATRICK St

Lower Town - Sandy Hill, Ontario K1N 5K3

$1,799,900

For Sale

Property Information

An attractive 6-unit building consisting of 3 commercial spaces & 3 residential units. The beauty salon business is also included as a bonus as the seller/owner is retiring. A viable business since 1979. It has 1,073 SF & market rent of $3000/mth gross. Two other commercial spaces were added at the rear of the salon in 1987 but have been rented as Airbnb. Apt #4 is a fully furnished modern 1 BDRM unit of approx 520 S.F w/6 appliances & market rent of $1950/mth all-inclusive. Apt #5, a modern and bright 2-storey loft style apt, approx 730 SF w/2 floors of windows, 2 skylights, 6 appliances & w/a market rent of $2300/mth all-inclusive. The 3 residential Apts are all 1 Bdrm and 2 have balconies. Apt #1 rented @ $1600/mth & Apt #2 and #3 at $1366/mth. There’s 1 hot water boiler for the main building & a forced air furnace (2017) for the two rear GRND floor units. The electrical has been upgraded to a 400 amp service. 3 car parking in tandem. With 20% down VTB 1st mortgage at 7%

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : X10442402
Price : $1,799,900
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 15
Address
Postal Code : K1N 5K3
City : Lower Town - Sandy Hill
Street : ST PATRICK
Street Number : 232
Street Suffix : St
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Features
Parking : 3
Brokerage
Office Name : RE/MAX HALLMARK REALTY GROUP
Extra Information
Area : Ottawa
living_area : 0
living_area_unit : Sqft
Community : 4001 - Lower Town/Byward Market
Lease : Sale
Tax Year : 2023
Virtual Tour : https://www.myvisuallistings.com/vt/346120

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232 ST PATRICK St Lower Town - Sandy Hill, Ontario K1N 5K3