101-103 - 2019 Bank Street Ottawa, Ontario K1V 0N1

1,416 ft2
Partially Air Conditioned Forced Air

$650,000

High-visibility urban commercial investment with a 7.5% cap rate, offering stable income and long-term corridor appeal. Along Ottawa's established Bank Street commercial corridor, this 1,416 sq. ft. asset provides investors with exposure to a prominent main street location supported by surrounding residential density and consistent consumer activity. Its designation within a Major Transit Station Area and Mixed Use policy framework under the Official Plan further reinforces the property's connection to long-term urban growth and intensification. With the existing lease expiring February 28, 2027, the property offers flexibility for a future owner-operator seeking a well-positioned location for their business, while providing investors with immediate income and the opportunity to secure a new lease or reposition the tenancy upon expiry. Whether acquiring for future occupancy or as an income-producing investment, the property offers a defined path forward in one of Ottawa's established commercial corridors. ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW. (id:37553)

Property Details

MLS® Number X13828174
Property Type Retail
Community Name 3803 - Ellwood
Amenities Near By Public Transit

Building

Cooling Type Partially Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1,416 Ft2
Type Retail
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Depth 164 Ft
Size Frontage 175 Ft
Size Irregular 175 X 164 Ft
Size Total Text 175 X 164 Ft
Zoning Description Ms2[1913] H(25)

https://www.realtor.ca/real-estate/30327591/101-103-2019-bank-street-ottawa-3803-ellwood