$1,624,000
Last price change Apr 23
421 Gilmour Street, Ottawa Centre, ON K2P 0R5
Property Description
Property type
Office
Lot size
N/A
Style
Approx. Area
4800.7 Sqft
About 421 Gilmour Street
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 5.5%, 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.
Home Overview
Last updated
Jun 25
Virtual tour
None
Basement information
Building size
4800.7
Status
In-Active
Property sub type
Office
Maintenance fee
$N/A
Year built
--
Additional Details
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
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ESTIMATED PAYMENT
Some information about this property - Gilmour Street

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