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$ 5,850,000
Est. payment | /mo
18,000 SqFt
$ 5,850,000
Est. payment | /mo
18,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 18,000 sqft
Price per Sqft $325
Subdivision 4103 - Ottawa Centre
MLS Listing ID X12407746
Annual Tax Amount $85,915
Tax Year 2025
Property Sub-Type Commercial Retail
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.
Location
Province ON
County Ottawa
Community 4103 - Ottawa Centre
Area Ottawa
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 55.0
Lot Depth 115.0
Others
Security Features No
Listed by ZINATI REALTY INC.
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