101-103 - 2019 Bank Street Ottawa, Ontario K1V 0N1

$769,000

Located along Ottawa's established Bank Street commercial corridor, this 1,416 sq. ft. asset offers investors exposure to a high-visibility mainstreet 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 reinforces the property's alignment with long-term urban growth and intensification priorities. With one year remaining on the existing lease, this property has generated a stable annual income of approximately $47,500 net, with a two-year renewal option positioning this asset for durable cash flow today and sensible upside at rollover. The combination of embedded demand drivers, corridor durability, and strategic positioning supports sustained tenant relevance and capital stability, making this a disciplined acquisition for investors focused on resilient urban commercial real estate. ADDITIONAL LISTING DETAILS CAN BE FOUND UNDER PROPERTY SUMMARY THROUGH THE "BROCHURE" LINK. (id:49993)

Property Details

MLS® Number	X12805074
Property Type	Retail
Community Name	3803 - Ellwood

Building

Cooling Type	Partially Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	1,416 Ft2
Type	Retail
Utility Water	Municipal Water

Land

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	Am1[1913]

https://www.realtor.ca/real-estate/29381597/101-103-2019-bank-street-ottawa-3803-ellwood