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

Listed for:
$650,000
0 beds
0 baths
Listed 4 days ago
Retail for rent: 101-103 - 2019 Bank Street, Ottawa, Ontario K1V 0N1

View all 22 photos

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. 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:27476)

Property Highlights

MLS® Number
X13828174
Type
Retail
Community Name
3803 - Ellwood
Land Size
175 x 164 FT

Building

Building Type
Retail
Square Footage
1416 sqft
Amenities
Public Transit
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

Learn more about this property
Listing provided by:
RE/MAX HALLMARK REALTY GROUP
MLS® number:
X13828174
Agent:
Danny Morissette
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

Street Spotlight - For sale