$475,000

14 - 31 Murray Street

Lower Town/Byward Market, Ottawa, ON K1N9M5 · MLS® X13811688

  • 920 square feetLiving area

About this property

An exceptional opportunity to own a commercial condo in the heart of Ottawa's vibrant ByWard Market! This approximately 920 sq. ft. unit offers a prime downtown location just steps from historic Sussex Drive, surrounded by restaurants, cafés, boutiques, hotels, entertainment and established local businesses, with strong year-round local and visitor traffic. Currently home to a long-established hair salon operated by the condo owner, the space features a well-maintained interior, an existing salon layout and two washrooms. For buyers interested in continuing the current use, the existing salon business, equipment and setup may also be negotiated as part of the opportunity offering exciting flexibility for the right buyer. With its manageable footprint and versatile layout, the property is well suited for hair and beauty, aesthetics, wellness, personal services, boutique retail, studio and other commercial concepts, subject to applicable zoning and condominium regulations. Located in one of Ottawa's most recognizable shopping, dining and tourism destinations, the property also offers excellent long-term potential as the ByWard Market continues to evolve through ongoing revitalization and investment in the surrounding area. Whether you're looking to own your business premises, take over an established salon, bring your own concept to life, or add a versatile commercial asset to your portfolio, the possibilities are here. Everything is open for discussion --- bring your vision and bring us an offer! (id:65933)

Type
Business
Category
Business
Annual taxes
$12,797
Updated
Nov 10, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Royal Lepage Integrity Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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