Mirna Botros

613-600-2626

2019 Bank Street Unit 101 103 - $769,000

2019 Bank Street Unit 101 103

$769,000

3803 - Ellwood

Ottawa, OntarioK1V0N1

0 beds

0 baths

null parking

MLS#: X12805074Listed: about 2 months agoUpdated:9 days ago

Description

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:58075)

Details

Details for 2019 Bank Street Unit 101 103, Ottawa, Ontario

Property Type: Retail
Building Type: Retail
Storeys: -
Neighborhood: 3803 - Ellwood
Land Size: 175 x 164 FT
Year Built: -
Annual Property Taxes: $3,014
Parking Type: -

Inside

Appliances: -
Rooms: -
Bedrooms: -
Bathrooms: 0
Fireplace: -
Fireplace Total: -
Basement: -

Building

Architecture Style: -
Direction: Cross Streets: Ledbury Ave. ** Directions: Head southwest on Hunt Club Rd/Ottawa 32 W toward Dunston Terrace. Turn right onto Bank St/Ottawa Regional Rd 31. Make a U-turn at Kitchener Ave. Take the exit. Turn right. Destination will be on the right.
Type of Dwelling: retail
Roof: -
Exterior: -
Foundation: -
Flooring: -