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

Listed for:
$825,000
0 beds
0 baths
Listed 57 days ago
Retail for rent: 101-103 - 2019 Bank Street, Ottawa, Ontario K1V 0N1

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Learn more about this property
Listing provided by:
RE/MAX HALLMARK REALTY GROUP
MLS® number:
X12425393
Agent:
Danny Morissette
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About

Cross Streets: Ledbury Ave. ** Directions: Head southwest on Hunt Club Rd/Ottawa 32 W toward Dunston Terrace. Turn right onto Bank St/Ottawa Regional Rd 31. Make a U-turn at Kitchener Ave. Take the exit. Turn right. Destination will be on the right. Corner retail investment on Ottawa's Bank Street: three connected ground-floor commercial condo units totaling 1,416 sq. ft. with prominent corner exposure, open retail floorplan, broad storefront glazing, and dedicated sign boxes above each unit; on-site customer parking and a professionally managed condo setting support efficient operations and predictable carrying costs. Minutes to South Keys Shopping Centre and the Heron Bank retail corridor high-traffic destinations anchored by national brands (Walmart/Best Buy; Home Depot/Canadian Tire)with steady demand from Greenboro, Blossom Park, South Keys and Alta Vista, plus commuter flows via Hunt Club Road and Airport Parkway and established transit along Bank Street. The property is leased, generating stable annual income of approximately $47,500 net, with a two-year renewal option positioning this asset for durable cash flow today and sensible upside at rollover. (id:27476)

Property Highlights

MLS® Number
X12425393
Type
Retail
Community Name
3803 - Ellwood
Land Size
175 x 164 FT

Building

Building Type
Retail
Square Footage
1416 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water

Location

Street Spotlight - For sale