- 3,100 sqft
- Fully Air Conditioned
- Forced Air
$499,900
An excellent investment opportunity in the heart of Alfred! This solid brick, two-storey mixed-use property offers approximately 6,400 sq. ft. of total building space and is zoned for up to six units. The property features three residential apartments on the second floor, all with existing leases, plus approximately 3,100 sq. ft. of commercial space on the main level, offering excellent potential for an owner-operator or investor. Previously occupied by the National Bank of Canada for many years, the commercial space includes a large retail area, four separate offices, a walk-in safe, storage space and handicap accessibility.Offering multiple income streams and future development potential, this property presents an exceptional opportunity for investors looking to maximize returns. With a potential net capitalization rate of 10.4%, this is an attractive addition to any investment portfolio. Whether you're looking to operate your own business, lease the commercial space, or explore the property's six-unit zoning potential, the possibilities are endless! (id:66888)
Ask About This Property
Get more information or schedule a viewing today and see if this could be your next home. Our team is ready to help you take the next step.
Details
| MLS® Number | X14160436 |
| Property Type | Retail |
| Community Name | 609 - Alfred |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3,100 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 81 Ft ,9 In |
| Size Frontage | 70 Ft |
| Size Irregular | 70 X 81.77 Ft |
| Size Total Text | 70 X 81.77 Ft |
| Zoning Description | Com/res |
Map
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 07 2026 08:02:17
Ottawa Real Estate Board