High-visibility urban commercial investment 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. (id:48755)
| MLS® Number | X12805074 |
| Property Type | Retail |
| Community Name | 3803 - Ellwood |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1416 Sqft |
| Type | Retail |
| Utility Water | Municipal Water |
| Acreage | No |
| 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/29381597/101-103-2019-bank-street-ottawa-3803-ellwood
Contact us for more information
Danny Morissette
Salesperson
(613) 563-1155
(613) 563-8710
www.hallmarkottawa.com/