359-363 Bank Street, OttawaCentre, ON K2P 1X9

Ottawa Centre K2P 1X9 Ontario

MLS: X12096281

$4,900,000

Added 2 days ago | For Sale

Listed by: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES

About Property

This is a prime opportunity to acquire a well-maintained retail building with premium tenants in the heart of Downtown Ottawa. The property consists of 8,738 SF of above-grade rentable area which is currently 100% leased to a mix of national and local tenants. There is an additional ~4,500SF below grade, of which 3,000 SF is collecting income as storage space. The offering provides an investor with the rare opportunity to obtain a well-positioned retail asset with stable cash flow. 359-363 Bank Street benefits from close connectivity to transit and major arterial routes in Ottawa, with Highway 417 located minutes away. The property has prominent exposure along Bank Street, a high traffic retail corridor in Downtown Ottawa, surrounded by various amenities and complimentary businesses. The area offers excellent transit access, with multiple transit stops running to the building. This unique offering is perfect for an investor looking to acquire an impeccably maintained, highly leasable retail asset in a sought-after location.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 54.5 X 114.99
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Bank Street and Gilmour Street
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $62075
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12096281

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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