Apartments Condo For Sale • 1,416 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 101-103 | Retail | 1,416 SF | $561,093 USD | |
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High-visibility urban commercial investment offering stable income and long-term corridor appeal. Along Ottawa's established Bank Street commercial corridor, this 1,416 sq. ft. asset provides investors with exposure to a prominent main street location supported by surrounding residential density and consistent consumer activity. Its designation within a Major Transit Station Area and Mixed Use policy framework under the Official Plan further reinforces the property's connection to long-term urban growth and intensification. With one year remaining on the existing lease, the property is generating stable annual net income of approximately $47,500, while a two-year renewal option adds near-term continuity and future upside at rollover. Supported by durable demand drivers and a well-established corridor, this offering represents a disciplined acquisition for investors seeking resilient urban commercial real estate.
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 12 min | - | 4.5 mi | |
| 16 min | - | 7.7 mi | |
| Airport | Drive | Walk | Distance |
| Ottawa International | 11 min | - | 4.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 23 |
| Type: | Surface |
| Included in Rent: | Yes |