Pedro Samuels Samuels - Sutton Logo
$20,000
( $11.43Per Sq Foot )
 $107 est/mo Sourced by Back At You

290 Bank Street,Ottawa, ON K2P1X6

Ottawa, ON K2P1X6

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Description

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. (id:13843)

Details

MLS #X13084316
Listing TypeFor Sale
StatusActive
Days On Site172
Listing Provided ByROYAL LEPAGE INTEGRITY REALTY | Yan Liu

Features

SQ Feet1,750
ZoningTM[440]H(19)

Interior

CoolingFully air conditioned
HeatingForced air
Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount0

Area Information

ProvinceON
CityOttawa
Postal CodeK2P1X6
Listing VS Median (in K2P1X6)
Price:
$20,000
low | high
Med:
$20,000
50% of Average
sqft:
1,750
low | high
Med:
1,750
50% of Average
$ / sqft:
$11
low | high
Med:
$11
50% of Average
On site:
172
low | high
Med:
172
100% of Average
Sourced by Back At You

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Learn More About This Property

Pedro Samuels

Pedro Samuels

Sutton Group - Summit Realty Inc., Brokerage

Certified Real Estate Specialist (416) 938-8593psamuels@sutton.com
ProvinceON
CityOttawa
Postal CodeK2P1X6
Listing VS Median (in K2P1X6)
Price:
$20,000
low | high
Med:
$20,000
50% of Average
sqft:
1,750
low | high
Med:
1,750
50% of Average
$ / sqft:
$11
low | high
Med:
$11
50% of Average
On site:
172
low | high
Med:
172
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 5:39:04 AM PDT