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359-363 BANK STREET
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359-363 BANK STREET $4,900,000
1 day ago
$4,900,000
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359-363 BANK STREET
Ottawa, Ontario K2P1X9

MLS® Number: X12096281

Listing Description

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. (40293578)

Location Description

Bank Street and Gilmour Street

Property Summary

Property Type
Business
Community Name
4103 - Ottawa Centre
Land Size
54.5 x 114.99 FT
Annual Property Taxes
$62,075
Time on REALTOR.ca
1 day

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
8738 sqft

Land

Lot Features
Frontage
54 ft ,6 in
Land Depth
114 ft ,11 in
Other Property Information
Zoning Description
TMH(19) - Traditional Mainstreet
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
BENJAMIN BURNS