For Sale

$30,000

290 BANK STREET , Ottawa, Ontario K2P1X6

Remarks

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:7526)

Property Summary

  • Neighbourhood: 4102 - Ottawa Centre
  • Lot Frontage: 37.4 Feet
  • Lot Depth: 98.8 Feet
  • Lot Size: Unit=37.45 x 98.88 FT
  • Zoning: TM[440]H(19)

Property Features:

  • Amenities Nearby:
    Public Transit
  • Farm Type:
    Other
  • Lease Type:
    Net
  • Property Type:
    Business

Building Features:

  • Cooling Type:
    Fully air conditioned
  • Heating Fuel:
    Electric
  • Heating Type:
    Forced air

Listing courtesy of: 

ROYAL LEPAGE INTEGRITY REALTY

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