2019 Bank St

About this Property

High-visibility urban commercial investment offering a 7.5% cap rate based on current annualized income, with an approaching opportunity for owner-occupancy or re-leasing. Along Ottawa's established Bank Street commercial corridor, this 1,416 sq. ft. property offers a prominent main-street location supported by surrounding residential density, neighbouring businesses and public transit. With the current lease expiring February 28, 2027, purchasers can secure the location with rental income in place while planning its next use. A future owner-operator can establish or expand a business in premises they own, while an investor has the flexibility to refresh the space and secure a new tenant. Currently configured as a restaurant, the property also offers potential for other compatible commercial uses, subject to zoning and condominium requirements. With current income and a defined transition ahead, it combines an established commercial address with flexibility for its next owner. ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW.

Listing Details

MLS #

X13828174

Board

PROPTX

Market

ontario

Property Type

Commercial/Retail

Style

Commercial Condo

Garage

None

Heating

Gas Forced Air Closd

Cooling

Part

Lot Size

175 × 164 ft

Annual Taxes

$2,947/yr

Listed By

REMAX HALLMARK REALTY GROUP

Listed On

September 25, 2026