About 2019 Bank Street 101-103
High-visibility urban commercial investment with a 6.5% 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 one year remaining on the existing lease, the property is generating stable annual net income of approximately $47,500, while a two-year renewal option adds near-term continuity and future upside at rollover. Supported by durable demand drivers and a well-established corridor, this offering represents a disciplined acquisition for investors seeking resilient urban commercial real estate. ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW.
Features of 2019 Bank Street 101-103
| MLS® # | X12805074 |
|---|---|
| Price | $769,000 |
| Bathrooms | 0.00 |
| Type | Commercial |
| Sub-Type | Commercial Retail |
| Status | Active |
Community Information
| Address | 2019 Bank Street 101-103 |
|---|---|
| Area | Ottawa |
| Subdivision | 3803 - Ellwood |
| City | Hunt Club - South Keys and Area |
| Province | ON |
| Postal Code | K1V 0N1 |
Amenities
| Garages | None |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Gas Forced Air Closed |
|---|---|
| Cooling | Partial |
| Fireplace | No |
Listing Details
| Office | RE/MAX HALLMARK REALTY GROUP |
|---|
