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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision 4102 - Ottawa Centre
MLS Listing ID X12548166
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Iconic Centre Town location available as an asset sale with lease assumption, situated at the high-visibility corner of Bank Street and Somerset Street West. This turn-key, beautifully finished space offers a contemporary interior ideal for a quick-service retail business.The 1,750 sq. ft. unit is positioned directly on the northwest corner of the intersection and features high ceilings, two bathrooms, a kitchen prep area, a service counter, and ample bench and chair seating. This is a rare opportunity to secure lease rights to a prime retail corner and elevate your business in one of Ottawa's most vibrant urban districts.Enjoy exceptional exposure with high pedestrian and vehicular traffic in the heart of the city. The existing lease runs until June 2028, providing strong long-term stability for the new operator.The lease is triple net (NNN) with a current base rent of $6,000 per month, with the tenant responsible for building operating costs, HST, and utilities in addition to the base rent.
Location
Province ON
County Ottawa
Area Ottawa
Interior
Cooling Yes
Exterior
Community Features Public Transit
Lot Frontage 37.45
Lot Depth 98.88
Others
ParcelsYN No
Listed by ROYAL LEPAGE INTEGRITY REALTY
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