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Home ON Ottawa - Gatineau Russell
1133 CONCESSION STREET
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1133 CONCESSION STREET $1,200,000
$1,200,000
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1133 CONCESSION STREET
Russell, Ontario K4R1C8

MLS® Number: X11970723

Listing Description

Historic Mixed-Use Commercial Building in the Heart of Russell. Step into a piece of history with this century-old mixed-use commercial building, perfectly situated in the heart of Russell. This solid brick property offers an investment opportunity with 5 commercial units on the ground floor and 5 residential apartments on the second floor. One of which is currently vacant, and freshly renovated, allowing for immediate occupancy . Separate hydro meters for all units, ensuring ease of utility management and tenant responsibility. Natural gas heating for the commercial units, providing efficient and cost-effective climate control. Electric baseboard heating for the five residential apartments, allowing independent temperature control for tenants. Prime Location & Investment Potential: Located in the heart of Russell, this high-visibility property benefits from excellent foot traffic and a thriving local economy. Ideal for a mix of retail, office, and service-based businesses looking to establish themselves in a well-traveled area. Russell's growing population and strong community appeal make this an excellent long-term asset. Whether you're looking to expand your investment portfolio, or generate passive income, this historic property offers endless possibilities. Don't miss the chance to own a piece of Russell's history contact us today for more details or to schedule a private tour! (39881161)

Location Description

Concession Street and Mill Street

Property Summary

Property Type
Retail
Building Type
Residential Commercial Mix
Community Name
601 - Village of Russell
Land Size
Bldg=118.02 x 83.91 FT
Age Of Building
100+ years
Annual Property Taxes
$10,940
Total Parking Spaces
10
Time on REALTOR.ca
56 days

Building

Building Features
Features
Irregular lot size
Heating & Cooling
Heating Type
Other (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Parking
Total Parking Spaces
10

Measurements

Square Footage
8200 sqft
Exterior Building Size
8200 sqft

Land

Lot Features
Frontage
118 ft
Land Depth
83 ft ,10 in
Other Property Information
Zoning Description
C3 - Retail or Office with residential above
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
RONNA SHELDRICK