• Mobile: 416.877.3047
  • Office: 905-333-3500
  • Fax: 905-333-3616

$20,000
Available - For Sale
Listing ID: X13084316
290 Bank Street , Ottawa Centre, K2P 1X6, Ottawa


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.
Price $20,000
Taxes: $0.00
Tax Type: N/A
Occupancy: Tenant
Address: 290 Bank Street , Ottawa Centre, K2P 1X6, Ottawa
Postal Code: K2P 1X6
Province/State: Ottawa
Directions/Cross Streets: Located at the intersection of Bank Street and Somerset Street West.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Other
Total Area: 1750.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: 12
Employees #: 2
Seats: 28
Washrooms: 0
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE INTEGRITY REALTY
Personal Picture
Paul Sanghera
Sales Representative
Dir:
416.877.3047
Bus:
905-333-3500
Fax:
905-333-3616
 
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At a Glance:
Type: Com - Sale Of Business
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4102 - Ottawa Centre
Style:
Lot Size: x 98.88(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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