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290 BANK STREET

Ottawa, Ontario, K2P1X6

$20,000
For Sale · Business · MLS® X13084316
Business
Type
1750
Sq Ft

About this 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 $5,700 per month, the additional rent is $2,354 for building operating costs, HST, insurance, etc. (id:66947)

Property details

Property

Property Type
Business
Property Subtype
Business
Square Footage
1750
Lot Dimensions
Unit=37.45 x 98.88 FT

Interior

Heating
Forced air
Cooling
Fully air conditioned

Utilities

Water
Municipal water

Location

City
Ottawa
Postal Code
K2P1X6

Location

Mortgage calculator
Estimated monthly
$92

Estimated payment only. Not financial advice. Excludes taxes, insurance, condo fees and mortgage default insurance.

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