299 Bank Street
Ottawa Centre, K2P 1X7
FOR SALE
$5,850,000

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Commercial Retail
CATEGORY18,000 Sq Ft
TOTAL AREAX12407746
MLSIDContact Us
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.
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Property Details
Address
299 Bank Street
Community
City
Postal Code
K2P 1X7
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
TM H(19)
Lot Size
55' x 115'
Total Area
18,000 Sq Ft
Office Area
6,000 Sq Ft
Retail Area
12,000 Sq Ft
Taxes
$85,916 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
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Listing contracted with Zinati Realty Inc.
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