$1,495,000
FOR SALE

Commercial/Retail

Lot: 38 x 99.08 ft

89-91 Murray Street
Ottawa, ON K1N 5M5

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. (id:47421)
Share
Listed By MARILYN WILSON DREAM PROPERTIES INC.
Data Provided By Ottawa Real Estate Board
MLS® Listing Number X12210685
Last Updated Apr 24, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Community 4001 - Lower Town/Byward Market
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 38 x 99.08 ft
Listing Contract Date 2025-06-10
Location Description Cross Streets: Sussex Drive & Murray Street. ** Directions: From Colonel By Drive, continue straight onto Sussex Drive. Then, turn right onto Murray Street. The building will be on your left and the unit is located at the top of the stairs on the left side.
Property Type Retail
Transaction Type For sale
Zoning Description Mixed Used Downtown Zone - MD2 S72
Building
Appliances Dishwasher, Dryer, Hood Fan, Microwave, Two Washers
Cooling Type Partially air conditioned
Heating Fuel Natural gas
Heating Type Forced air
Size (Exterior) 4100 square feet
Utility Water Municipal water
Land
Total Size Bldg=38 x 99.11 FT
Size of Irregular Land Bldg=38 x 99.11 FT

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
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.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)