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290 BANK STREET, Ottawa, Ontario, K2P 1X6

MLS® # X12548166
Commercial For Sale In Centretown, Ottawa, Ontario
$30,000

None Beds

290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
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290 BANK STREET, Ottawa, Ontario, K2P 1X6
$30,000

Property Information:

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 $6,000 per month, with the tenant responsible for building operating costs, HST, and utilities in addition to the base rent. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Floor Space: 1750 sqft
  • Heating Type: Forced air
  • Heating Fuel: Electric
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Amenities Nearby: Public Transit
  • Farm Type: Other
  • Floor Space (approx): 1750 Square Feet
  • Irregular: Yes
  • Lease Type: Net
  • Lot Depth: 98.8 Feet
  • Lot Frontage: 37.4 Feet
  • Lot Size: Unit=37.45 x 98.88 FT
  • Zoning: TM[440]H(19)

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Sales/Price History

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Market Price Trends

Single family detached

2.77%

Price change (1 year)

20.27%

Price change (5 years)

All Properties

1.13%

Price change (1 year)

12.41%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 290 BANK STREET, Ottawa, Ontario, K2P 1X6

Demographic Information of 290 BANK STREET, Ottawa, Ontario, K2P 1X6

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$124,651.07

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.51 %

High school certificate or equivalent

18.56 %

Apprenticeship trade certificate/diploma

3.31 %

College/non-university certificate

13.82 %

University certificate (below bachelor)

3.21 %

University Degree

51.59 %

Commuter

Travel To Work

By Car

35.43 %

By Public Transit

19.65 %

By Walking

36.4 %

By Bicycle

2.59 %

By Other Methods

5.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

90.03 %

Houses

9.97 %

Own Vs. Rent

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