101-103 - 2019 Bank Street Ottawa, Ontario K1V 0N1
$650,000
High-visibility urban commercial investment offering a 7.5% cap rate based on current annualized income, with an approaching opportunity for owner-occupancy or re-leasing. Along Ottawa's established Bank Street commercial corridor, this 1,416 sq. ft. property offers a prominent main-street location supported by surrounding residential density, neighbouring businesses and public transit. With the current lease expiring February 28, 2027, purchasers can secure the location with rental income in place while planning its next use. A future owner-operator can establish or expand a business in premises they own, while an investor has the flexibility to refresh the space and secure a new tenant. Currently configured as a restaurant, the property also offers potential for other compatible commercial uses, subject to zoning and condominium requirements. With current income and a defined transition ahead, it combines an established commercial address with flexibility for its next owner. ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW. (id:67947)
Property Details
| MLS® Number | X13828174 |
| Property Type | Retail |
| Community Name | 3803 - Ellwood |
| Amenities Near By | Public Transit |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,416 Sqft |
| Type | Retail |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 164 Ft |
| Size Frontage | 175 Ft |
| Size Irregular | 175 X 164 Ft |
| Size Total Text | 175 X 164 Ft |
| Zoning Description | Ms2[1913] H(25) |
https://www.realtor.ca/real-estate/30327591/101-103-2019-bank-street-ottawa-3803-ellwood
Interested in this property?
Nicolas SigounisREALTOR® · EXIT Realty Matrix, BrokerageBook a private showing or ask anything about this home. Nicolas will get back to you quickly.
Call or text 613.859.9331Book a showingEmail NicolasListing courtesy of Danny Morissette, RE/MAX Hallmark Realty Group
Ask Nicolas about this property
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 12 2026 02:32:05
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group