ADAM MILLS REALTY TEAM

290 Bank Street Ottawa, Ontario K2P 1X6

1,750 ft2
Fully Air Conditioned Forced Air

$30,000

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 $6,000 per month, with the tenant responsible for building operating costs, HST, and utilities in addition to the base rent. (id:49712)

Property Details

MLS® Number X12548166
Property Type Business
Neigbourhood Centretown
Community Name 4102 - Ottawa Centre
Amenities Near By Public Transit
Farm Type Other

Building

Cooling Type Fully Air Conditioned
Heating Fuel Electric
Heating Type Forced Air
Size Interior 1,750 Ft2
Utility Water Municipal Water

Land

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)

https://www.realtor.ca/real-estate/29107160/290-bank-street-ottawa-4102-ottawa-centre

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