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

$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:43934)

Property Details

MLS® Number	X13828174
Property Type	Retail
Neigbourhood	Ledbury - Heron Gate - Ridgemont - Ellwood
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 Sqft
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