290 Bank Street, Ottawa Centre, ON

$20,000

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About 290 Bank Street

Iconic Centre Town location available as an asset sale with lease assumption, situated at the high-visibility corner of Bank Street and Somerset Street West. This turn-key, beautifully finished space offers a contemporary interior ideal for a quick-service retail business.The 1,750 sq. ft. unit is positioned directly on the northwest corner of the intersection and features high ceilings, two bathrooms, a kitchen prep area, a service counter, and ample bench and chair seating. This is a rare opportunity to secure lease rights to a prime retail corner and elevate your business in one of Ottawa's most vibrant urban districts.Enjoy exceptional exposure with high pedestrian and vehicular traffic in the heart of the city. The existing lease runs until June 2028, providing strong long-term stability for the new operator.The lease is triple net (NNN) with a current base rent of $5,700 per month, the additional rent is $2,354 for building operating costs, HST, insurance, etc.

Features of 290 Bank Street

MLS® # X13084316
Price $20,000
Bathrooms 0.00
Type Commercial
Sub-Type Sale Of Business
Status Active

Community Information

Address 290 Bank Street
Area Ottawa
Subdivision 4102 - Ottawa Centre
City Ottawa Centre
Province ON
Postal Code K2P 1X6

Amenities

Garages None
Is Waterfront No

Interior

Heating Electric Forced Air
Cooling Yes
Fireplace No

Listing Details

OfficeROYAL LEPAGE INTEGRITY REALTY

Listing Map