Corner retail investment on Ottawa's Bank Street: three connected ground-floor commercial condo units totaling 1,416 sq. ft. with prominent corner exposure, open retail floorplan, broad storefront glazing, and dedicated sign boxes above each unit; on-site customer parking and a professionally managed condo setting support efficient operations and predictable carrying costs. Minutes to South Keys Shopping Centre and the Heron Bank retail corridor high-traffic destinations anchored by national brands (Walmart/Best Buy; Home Depot/Canadian Tire)with steady demand from Greenboro, Blossom Park, South Keys and Alta Vista, plus commuter flows via Hunt Club Road and Airport Parkway and established transit along Bank Street. The property is leased, generating stable annual income of approximately $47,500 net, with a two-year renewal option positioning this asset for durable cash flow today and sensible upside at rollover. (id:60083)
MLS® Number | X12425393 |
Property Type | Retail |
Neigbourhood | Old Ottawa South |
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 | Am1[1913] |
https://www.realtor.ca/real-estate/28910388/101-103-2019-bank-street-ottawa-3803-ellwood
Danny Morissette
Salesperson
(613) 563-1155
(613) 563-8710
www.hallmarkottawa.com/