- 1,416 ft2
- Partially Air Conditioned
- Forced Air
$769,000
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:50982)
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Details
| MLS® Number | X12805074 |
| Property Type | Retail |
| Neigbourhood | Ledbury - Heron Gate - Ridgemont - Ellwood |
| Community Name | 3803 - Ellwood |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,416 Ft2 |
| Type | Retail |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 164 Ft |
| Size Frontage | 175 Ft |
| Size Irregular | 175 X 164 Ft |
| Size Total Text | 175 X 164 Ft |
| Zoning Description | Ms2[1913] H(25) |
Map
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April 24 2026 05:23:52
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group