502 Bank Street, Ottawa, Ontario K2P 1Z4

Listed for:
$3,750,000
0 beds
0 baths
Listed 7 days ago
Residential Commercial Mix for rent: 502 Bank Street, Ottawa, Ontario K2P 1Z4

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About

Cross Streets: Bank and Catherine. ** Directions: Corner of Bank St and Arlington Ave. Exceptional opportunity to acquire a well-established income property. Located on the vibrant corner of Bank Street and Arlington Ave, this offering includes 502-510 Bank Street and 5 Arlington Avenue, comprising 9 income-generating units: 5 commercial storefronts and 4 residential apartments. The commercial component features a diverse mix of established businesses, including restaurants, retail and a coffee shop, while the residential units consist of two one-bedroom and two bachelor apartments. Ideally situated in a high-visibility, pedestrian-friendly location surrounded by thriving businesses and established residential neighbourhoods. The property has benefited from numerous capital improvements over the years, including roof replacements, resurfaced parking areas and updated mechanical systems. An attractive turnkey investment offering diversified revenue streams in one of Ottawa's most sought-after urban commercial corridors. (id:27476)

Property Highlights

MLS® Number
X14160010
Type
Retail
Community Name
4103 - Ottawa Centre
Land Size
Bldg=65.71 x 99.21 FT

Building

Building Type
Residential Commercial Mix
Square Footage
10010 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
SUTTON GROUP - OTTAWA REALTY
MLS® number:
X14160010
Agent:
Jp Chartrand
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Street Spotlight - For sale