Mixed commercial/residential freehold property on bustling Rideau Street, near University of Ottawa and various condo developments. The main floor is currently setup as a Chinese restaurant with a fully equipped kitchen and spare natural gas lines for additional gas equipments, complete with a customer seating area and bathroom. The full basement is ideal for storage and includes a 2-piece bathroom and utility rooms. Upstairs is the residential portion where you'll find 3 bedrooms, including one with an ensuite bathroom. Private driveway with up to 4 parking spots at the rear. Come check out this fantastic opportunity for investment or development!
Address
508 Rideau Street
List Price
$1,795,000
MLS® Status
Extension
Expiration Date
2026-04-21
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Lower Town - Sandy Hill
Sub-Area
4003 - Sandy Hill
Region
Ottawa
Lot Depth
99
Lot Type
Lot
Lot Size Units
Feet
Lot Width
32.31
Parcel Number
042120009
Total Building Area
1700
Occupant Type
Owner
Cross Street
Rideau St. between Augusta St. and Coburg St.
Frontage Length
9.85
MLS® Number
X12473897
Listing Brokerage
RIGHT AT HOME REALTY
Basement
Yes
Postal Code
K1N 5Z6
Parking Spaces
4
Tax Amount
$14,384.09
Tax Year
2024
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Type
Gas Hot Water
Cooling Features
No
Garage Type
None
Tax Legal Description
PT LT 39, PL 6 , PART 3, 4 & 5 , 5R8257 , S/S RIDEAU ST ; S/T NS254030 OTTAWA/NEPEAN SUBJECT TO A RIGHT-OF-WAY IN FAVOUR OF THE OWNERS OF PARTS 1 & 2 ON PLAN 5R8257 OVER PART 3 ON PLAN 5R8257 AS IN...
Security Features
No