101-103 - 2019 BANK STREET, Ottawa
- Retail
- Ottawa location
Ask Peter Sagos about this property
About This Property
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. (id:66401)
Property Details
Building & Features
Building
- Building type
- Retail
Interior
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Fireplace
- No
Lot and land
- Lot dimensions
- 175 x 164 FT
- Frontage
- 175 ft
- Zoning
- MS2[1913] H(25)
- Water
- Municipal water
Location
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