391 Bank St - Storefront Retail/Office FOR SALE


Ottawa, ON K2P 1Y3- Downtown
$2,200,000 CAD
855-394-1393
391 Bank St, Ottawa, ON for Sale
$2,200,000 CAD
Storefront Retail/Office - FOR SALE
1/31
null | Request Cap Rate

391 Bank St
Ottawa, ON K2P 1Y3
Downtown


OVERVIEW

Located in the heart of Ottawa Centretown, directly across from the new James House condo development, a 2-minute drive to HWY 417 / the Glebe and surrounded by dense residential and commercial retail. This vacant building offers a ground-level 2,000 sqft retail unit with a separate entrance to the second floor, which includes two individual units, and an additional unit in the basement with a separate entrance. Each floor is approximately 2,000 sqft. The property includes six tandem rear parking spaces. HVAC systems were replaced, along with new grade-level windows and front doors, in 2016. This property presents an excellent opportunity for owner-users, while also offering the ability to generate additional rental income. Sale Price: $2,200,000 Ground Floor Ceiling Height: 10' Second Floor Ceiling Height: 9' Basement Ceiling Height: 8' Building SF: 6,147 SF Lot Size: 3,735 SF Parking Spots: 6 Tandem Electrcial: 100A@600V and 200A@240V HVAC: Separate HVAC's per Floor (2016) Roof: Flat (2025) Zoning: TM H(19)

FOR SALE DETAILS

PRICE

$2,200,000 CAD

PRICE/SF

$329 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,735 SF

ZONING

TM H(19)

APN/PARCEL ID

061404210168200

ASK ABOUT THIS PROPERTY

David CantorCantor Realty Corp.More Info
855-394-1393

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David CantorCantor Realty Corp.More Info
855-394-1393

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.