233 Argyle Avenue presents a unique commercial investment, owner-user and/or redevelopment opportunity in a highly strategic location within Ottawa's Centretown. The building on the property is +/- 3,850 sq. ft (above grade) across 3 storeys with 12 surface parking spaces in the rear of the lot. The office building will be vacant on closing, providing an opportunity for owner-occupier purchasers. The building includes a basement that is usable for storage and additional commercial uses. The lot size is +/-5,653 sq. ft. (33' x 171') and 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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