About 2019 Bank Street 101-103
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.
Features of 2019 Bank Street 101-103
| MLS® # | X13828174 |
|---|---|
| Price | $650,000 |
| 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 |
|---|
