233 Argyle Avenue, Ottawa Centre, ON K2P 1B8

$1,950,000

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Property Description

233 Argyle Avenue presents a unique commercial investment, owner-user and/or redevelopment opportunity in a highly strategic location within Ottawa's Centretown. The property is currently improved with a 2,813 sq. ft, 3 storey office building including 15 surface parking spaces in the rear of the lot. The office building will be vacant on closing, providing an opportunity for owner-occupier purchasers. This 5,653 sq. ft. (33' x 171') lot is zoned Neighbourhood Zone 4 - N4B[2881] permitting a wide range of commercial and residential uses. There is an active site plan approved application on the property for the potential development of a 14-unit residential addition to the existing office building. The property provides excellent access to Bank Street, Elgin Street, Highway 417, and Ottawa's downtown employment core, with a wide range of retail, restaurants, professional services, and public transit nearby. Studies/reports, operating expenses, proposed development documents, and other building information available upon request.

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Listing courtesy of AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES.