For Lease · Retail

1593 BANK STREET, Ottawa

1593 BANK STREET, Ottawa, ON K1H7Z3

$30 per sq ft / yr

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

90%

About this property

Location does not get much better than this. Tons of exposure at the corner of Bank and Heron. 1950 square feet on the main level with a bonus lower level included in the lease. Perfect for retail, medical, and office use. This property is very well maintained with long standing pride of ownership. Bring your ideas and set up your new space here. Plenty of parking at the rear of the building. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$30
Down payment30% · $9
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

0.14%

DSCR

1.01

Going-in cap

5.58%

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.

Area demographics

Trade area within 3 miles of the property.

Population

50,559

Households

19,175

Median income

$117,000

Median age

33.9

Daytime population

62,892

5-yr growth

2.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1593 BANK STREET, Ottawa.

NDA required
  • 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.