299 Bank ST new

Ottawa Centre,ON K2P 1X7

$ 5850000

- Bed

- Bath

18000 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 18,000 sqft

Price per Sqft $325

Subdivision 4103 - Ottawa Centre

MLS Listing ID X12407746

Annual Tax Amount $85,915

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

Two storey walk-up retail/office building plus full height basement for a total building area of approx. 18,000 SF. Located in the heart of Centretown on one of the busiest corners at Bank and Somerset Street. Long standing established Dollar Store occupies the ground floor and lower level of approx. 12,000 SF with a lease that expires August 31, 2026. The second floor office tenant has approx. 6,000 SF of creative open concept office space which includes a kitchenette and two large washrooms. Large staircase landings could accommodate a future elevator if desired by the purchaser. Opportunity for purchaser to occupy part or whole building. No options to renew in place but both tenants willing to stay. This property sits on a 55' x 115' lot with easy access to HWY 417 and transit nearby including buses along Bank Street or a 10 minute walk to the Parliament O-Train Station. Close proximity to many amenities such as shops, restaurants, Canal, Parliament, Glebe, ByWard Market and all that downtown Ottawa has to offer.

Location

Province ON

County Ottawa

Community 4103 - Ottawa Centre

Area Ottawa

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 55.0

Lot Depth 115.0

Others

Security Features No

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