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$1,795,000
Available - For Sale
Listing ID: X12210685
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. 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. Landlord pays water & heat. 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.
Price $1,795,000
Taxes: $25,625
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 89-91 Murray Stre , Lower Town - Sandy Hill, K1N 5M5, Ottawa
Postal Code: K1N 5M5
Province/State: Ottawa
Directions/Cross Streets: Sussex Drive & Murray Street
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Multi-Use
Building Percentage: T
Total Area: 4,100
Total Area Code:  Square Feet
Office/Appartment Area: 1825
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: No
Heat Type: Gas Forced Air Open
Central Air Conditioning: Partial
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MARILYN WILSON DREAM PROPERTIES INC.

89-91 Murray Stre , Lower Town - Sandy Hill, K1N 5M5, Ottawa


 
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At a Glance:
Type: Com - Commercial Retail
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4001 - Lower Town/Byward Market
Style:
Lot Size: x 99.11(Feet)
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Tax: $25,625
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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