- 1,750 ft2
- Fully Air Conditioned
- Forced Air
$20,000
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 $5,700 per month, the additional rent is $2,354 for building operating costs, HST, insurance, etc. (id:50982)
Ask About This Property
Get more information or schedule a viewing today and see if this could be your next home. Our team is ready to help you take the next step.
Details
| MLS® Number | X13084316 |
| Property Type | Business |
| Neigbourhood | Centretown |
| Community Name | 4102 - Ottawa Centre |
| Amenities Near By | Public Transit |
| Farm Type | Other |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Electric |
| Heating Type | Forced Air |
| Size Interior | 1,750 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 98 Ft ,10 In |
| Size Frontage | 37 Ft ,5 In |
| Size Irregular | Unit=37.45 X 98.88 Ft |
| Size Total Text | Unit=37.45 X 98.88 Ft |
| Zoning Description | Tm[440]h(19) |
Map
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 05 2026 04:25:31
Ottawa Real Estate Board
Royal LePage Integrity Realty