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290 BANK STREET, Ottawa, Ontario, K2P 1X6

MLS® # X12548166
Commercial For Sale In Centretown, Ottawa, Ontario
$30,000

None Beds

290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
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290 BANK STREET, Ottawa, Ontario, K2P 1X6
$30,000

Property Information:

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 $6,000 per month, with the tenant responsible for building operating costs, HST, and utilities in addition to the base rent. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Floor Space: 1750 sqft
  • Heating Type: Forced air
  • Heating Fuel: Electric
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Amenities Nearby: Public Transit
  • Farm Type: Other
  • Floor Space (approx): 1750 Square Feet
  • Irregular: Yes
  • Lease Type: Net
  • Lot Depth: 98.8 Feet
  • Lot Frontage: 37.4 Feet
  • Lot Size: Unit=37.45 x 98.88 FT
  • Zoning: TM[440]H(19)

REALTOR.ca  

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

All Properties

1.13%

Price change (1 year)

12.41%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 290 BANK STREET, Ottawa, Ontario, K2P 1X6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 290 BANK STREET , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 290 BANK STREET , experiences 11 significant 2-day storms per year, with about 319.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.5mm of precipitation per year.

Precipitation Per Storm

Past
319.2mm
2050
408.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 290 BANK STREET, Ottawa, Ontario, K2P 1X6

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$124,651.07

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.51 %

High school certificate or equivalent

18.56 %

Apprenticeship trade certificate/diploma

3.31 %

College/non-university certificate

13.82 %

University certificate (below bachelor)

3.21 %

University Degree

51.59 %

Commuter

Travel To Work

By Car

35.43 %

By Public Transit

19.65 %

By Walking

36.4 %

By Bicycle

2.59 %

By Other Methods

5.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

90.03 %

Houses

9.97 %

Own Vs. Rent

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