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    For Sale - 89-91 Murray Street, Lower Town - Sandy Hill, Ontario

    Est payment $7,179/mo
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    Time on Jump  282 day

    AI Summary *

    • Mixed-use building in the ByWard Market with strong rental income potential.
    • Two recently renovated 2-bedroom apartments, perfect for tenants or owners.
    • Two prime retail spaces with established leases providing stable cash flow.
    • Well-maintained property with opportunities for further development and renovation.
    • Recently updated infrastructure, including new roof and HVAC systems.




    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. Noi $89,857. Seller will consider a vtb. Zoning is md2 s72 mixed-use downtown zone which allows for further development. Will provide plans for additional building. 89 murray is a three-story building with ground floor retail & 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 1400 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 & 6 appliances. Quartz countertops & newer cabinetry. Modern baths with gorgeous showers. Currently rented for $2000 each. 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 & 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. Previously leased at $2825 + common expenses (incl 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 the byward market by enacting a $129m plan before 2027. 48 hrs for showings & 24 hrs irrev on offers.
    Listing IDX12210685
    Address89-91 Murray Street
    CityLower Town - Sandy Hill, Ontario
    Price$1,495,000
    StyleCommercial Retail
    Land Size3766
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Gas Forced Air Open

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    Listing Agency:  MARILYN WILSON DREAM PROPERTIES INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    89-91 Murray Street
    Lower Town - Sandy Hill , Ontario
    $1,495,000
    Get more info