290 Bank Street, Ottawa Centre, ON K2P 1X6

Ottawa Centre K2P 1X6 Ontario

MLS: X12548166

$30,000

Added 2 hours ago | For Sale

Listed by: ROYAL LEPAGE INTEGRITY REALTY

About Property

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.

Features

  • House Style:Sale Of Business
  • Bathrooms:
  • Land Size: 37.45 X 98.88
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Located at the intersection of Bank Street and Somerset Street West.
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes:
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Electric Forced Air
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12548166

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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