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MLS® X13084316

290 Bank St

Ottawa Centre, ON K2P 1X6

$20,000

Type

Sale Of Business

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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.

Price & Status History

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Property Details

Property TypeSale Of Business
Community4102 - Ottawa Centre
Lot Dimensions37.45 × 98.88 ft
Dir/Cross StLocated at the intersection of Bank Street and Somerset Street West.
Garage TypeNone
Heating TypeElectric Forced Air
A/CYes
HSTIncluded In
Listed Date5/5/2026
Days on Market9 days
PossessionTBD
Vick Yogeswaran - REALTOR

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Listing Courtesy of:

ROYAL LEPAGE INTEGRITY REALTY

This listing is provided through the TRREB MLS® System.

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MLS® #X13084316