101-103 - 2019 Bank Street Ottawa, Ontario K1V 0N1
$769,000
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:59524)
Property Details
| MLS® Number | X12805074 |
| Property Type | Retail |
| Community Name | 3803 - Ellwood |
Building
| CoolingType | Partially Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 1416 Sqft |
| Type | Retail |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 164 Ft |
| SizeFrontage | 175 Ft |
| SizeIrregular | 175 X 164 Ft |
| SizeTotalText | 175 X 164 Ft |
| ZoningDescription | Ms2[1913] H(25) |
https://www.realtor.ca/real-estate/29381597/101-103-2019-bank-street-ottawa-3803-ellwood

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