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$ 1,795,000
Est. payment | /mo
4,100 SqFt
$ 1,795,000
Est. payment | /mo
4,100 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,100 sqft
Price per Sqft $437
Subdivision 4001 - Lower Town/Byward Market
MLS Listing ID X12210685
Annual Tax Amount $25,625
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Rare opportunity in the heart of the ByWard Market. Fully tenanted mixed-use building and an additional freestanding commercial building. Two prime retail spaces and two extensively renovated 2 bedroom apartments. Well maintained property. Zoning is MD2 S72 Mixed-Use Downtown Zone which allows for further development. 89 Murray is a three-story building with ground floor retail and two residential units on the upper floor, representing 2700 sq ft. 91 Murray is a separate unique one-story building at the rear of the property with 1,400 sq ft. 89 Murray - New asphalt shingle roof 2024. 200 amp main distribution panel, with each unit separately metered. Landlord only pays water. One forced air gas fired furnace for the commercial ground floor unit & one for the two apartment units. 89 Murray Residential - Two 2 bedroom identical units have been extensively updated. Two storey apartments with hardwood floors and 6 appliances. Quartz countertops & newer cabinetry. Modern baths with gorgeous showers. Currently rented for $2000. 89 Murray Retail - This space is air conditioned. The Barber Shop has been leased for 7 years. $3407 + additional expenses. 91 Murray Retail - The interior consists of 3 open living spaces, one with a wet bar area. There is an additional office, a bedroom area and a 3 piece bath. Extensively renovated in 2011 with new exterior EFIS, new roof, plumbing, interior walls, etc. New HVAC system installed 2024. Central air & forced air gas furnace. Separately metered for hydro & gas. Leased for $2825 + common expenses (including property taxes, snow clearing & maintenance). 2 non-conforming parking spaces. One residential unit will be vacant upon possession, as it is currently owner occupied. One of the Ottawa Mayor's top priorities for 2025 is to revitalize ByWard Market. The current administration plans on enacting the $129M plan before 2027. 48 hours notice for showings & 24 hours irrevocable for offers.
Location
Province ON
County Ottawa
Community 4001 - Lower Town/Byward Market
Area Ottawa
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 38.0
Lot Depth 99.11
Others
Security Features No
Listed by MARILYN WILSON DREAM PROPERTIES INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "