
1225 BANK STREET, Ottawa, ON K1S3X7
Price on request
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Asset Class
Retail
Size
—
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
89%
Excellent opportunity to lease approximately 1,800 sq. ft. of commercial space in the heart of Old Ottawa South, ideally situated on Bank Street between Cameron and Belmont Avenues. This established location offers convenient access to Billings Bridge Shopping Centre, the Glebe, local schools, and nearby walking and cycling paths, providing excellent connectivity and neighbourhood appeal. The space offers exciting potential for a variety of permitted uses, including a restaurant, furniture store, craft shop, antique store, and more. Prospective tenants are encouraged to review the City of Ottawa's Mainstreet Zone 1 (MS1) zoning provisions to confirm their intended use. Property Features: Approximately 1,800 sq. ft. of commercial space, 1 dedicated parking spaces, (additional parking may be available) unfinished basement offering additional storage potential, forced-air natural gas heating and air conditioning. Lease Details: Monthly rent: $5,500 plus HST. All utilities, insurance, repairs, and maintenance are the tenant's responsibility. Lease term and tenant fit-up improvement allowance negotiable. Bring your business vision to this sought-after Bank Street location and take advantage of the opportunity to establish your business in one of Ottawa's well-known urban neighbourhoods. (id:66811)
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Monthly debt service
$7K
Projected NOI
$75K
Annual cash flow
$-8K
Cash-on-cash
-1.83%
DSCR
0.90
Going-in cap
4.99%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
105,257
Households
42,151
Median income
$103,500
Median age
31.9
Daytime population
113,969
5-yr growth
6.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1225 BANK STREET, Ottawa.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.