Mirna Botros

613-600-2626

2019 Bank Street Unit 101 103 - $769,000

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: 6 months agoUpdated:3 months ago

Description

High-visibility urban commercial investment with a 6.5% 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 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
$2,947
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
-
Land
Sewer
-
Lot Size
175 x 164 FT
Zoning
-
Zoning Description
MS2[1913] H(25)
Parking
Features
-
Total Parking
-
Utilities
Cooling
Partially air conditioned
Heating
Forced air, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-

Rooms

Rooms for 2019 Bank Street Unit 101 103, Ottawa, Ontario
LevelNameDimensions

Map

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