Jag Patel
Broker
$650,000
Available - For Sale
Listing ID: X13828174
2019 Bank Street , Hunt Club - South Keys and Area, K1V 0N1, Ottawa
| 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. |
| Price | $650,000 |
| Taxes: | $2947.22 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 2019 Bank Street , Hunt Club - South Keys and Area, K1V 0N1, Ottawa |
| Postal Code: | K1V 0N1 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Ledbury Ave. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 |
| Category: | Commercial Condo |
| Building Percentage: | F |
| Total Area: | 1416.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Partial |
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| RE/MAX HALLMARK REALTY GROUP |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Ottawa |
| Municipality: | Hunt Club - South Keys and Area |
| Neighbourhood: | 3803 - Ellwood |
| Tax: | $2,947.22 |
| Fireplace: | N |
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