31-33 York St | Ottawa, ON K1N 5S7
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31-33 York St
Ottawa, ON K1N 5S7
Retail Property For Sale
Investment Highlights
- Ottawa's Iconic Market Area
- High Traffic Location
- Long-Term Tenants
Executive Summary
Rare opportunity to own a piece of Ottawa's iconic Byword Market. Three storey, fully leased building on York St. in the very heart of tourist central. Three long-term tenants - Top floor residential on month to month occupancy; Second level Retail/Office lease expires May 31st, 2024; Well know main floor occupant lease expiration June 30th, 2029. (Listing Notes: Age of Building: Approximate; GLA: Approximate; Legal Description: PLAN 42482 E PT LOT 5 YORK N)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
C
Year Built
1950
Price
$2,128,599 USD
Price Per SF
$608 USD
Cap Rate
4.40%
NOI
$93,630 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.34
Land Acres
0.06 AC
Zoning
MD2 - Mixed Use Downtown Zone
Frontage
28 FT on York Street
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