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290 BANK STREET in Ottawa: Business for sale : MLS®# 1382895

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290 BANK STREET
Ottawa Centre Ottawa K2P 1X6

$250,000
Business

Main Photo: 290 BANK STREET in Ottawa: Business for sale : MLS®# 1382895
Photo 1: 290 BANK STREET in Ottawa: Business for sale : MLS®# 1382895
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Status:
Active
Prop. Type:
Business
MLS® Num:
1382895
Bus Major:
Restaurant
Bus Minor:
Restaurant
Iconic Centre Town location now available as an asset sale with lease assumption at the corner of Bank Street and Somerset Street West. A turn-key, beautifully finished, contemporary interior fit up for a quick serve retail business. The space is 1,750 square feet situated directly on the North West corner of the intersection. The interior has high ceilings, two bathrooms, a kitchen prep area, service counter, bench and chair seating. This is a rare opportunity to acquire the lease rights to a prime retail corner space and grow your company. Benefit from high pedestrian and vehicular traffic in the urban core of Ottawa. The lease in place expires in June 2028 giving the next operator substantial long term security. The lease is triple net with a current base monthly rent of $6,000. The tenant pays building operating costs, HST and utilities in addition to the rent. (id:2493)
Property Type:
Business
Transaction Type:
For sale
Zoning:
TM[440] H(19)
Maintenance fees type:
Other, See Remarks
Community:
Ottawa Centre
Major Business Type:
Restaurant
Minor Business Type:
Restaurant
Fireplace:
No
Acreage:
No
Lot Size:
* ft X 0 ft
Lot Details:
* ft X 0 ft
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Listed by KELLER WILLIAMS INTEGRITY REALTY
Data was last updated April 28, 2024 at 08:15 PM (UTC)
Area Statistics
Listings on market:
59
Avg list price:
$199,000
Min list price:
$49,990
Max list price:
$5,900,000
Avg days on market:
53
Min days on market:
2
Max days on market:
719
Avg price per sq.ft.:
$509.24
These statistics are generated based on the current listing's property type and located in Ottawa. Average values are derived using median calculations.
ANDY OSWALD
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