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359-363 Bank Street Image 1

$4,900,000

Apr 22Investment For Sale
bedroomsbed
washrooms0bath
MLS - #X12096281

359-363 Bank Street, Ottawa Centre, ON K2P 1X9

0
Similar Homes Found
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Average Price
490000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 359-363 Bank Street

This is a prime opportunity to acquire a well-maintained retail building with premium tenants in the heart of Downtown Ottawa. The property consists of 8,738 SF of above-grade rentable area which is currently 100% leased to a mix of national and local tenants. There is an additional ~4,500SF below grade, of which 3,000 SF is collecting income as storage space. The offering provides an investor with the rare opportunity to obtain a well-positioned retail asset with stable cash flow. 359-363 Bank Street benefits from close connectivity to transit and major arterial routes in Ottawa, with Highway 417 located minutes away. The property has prominent exposure along Bank Street, a high traffic retail corridor in Downtown Ottawa, surrounded by various amenities and complimentary businesses. The area offers excellent transit access, with multiple transit stops running to the building. This unique offering is perfect for an investor looking to acquire an impeccably maintained, highly leasable retail asset in a sought-after location.

Home Overview

Last updated

Apr 23

Virtual tour

None

Basement information

Building size

8738

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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