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290 BANK STREET, Ottawa, Ontario, K2P 1X6

MLS® # 1382895
Commercial For Sale In Centretown, Ottawa, Ontario
$250,000
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
290 Bank Street, Ottawa, ON
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ACTIVE
290 BANK STREET, Ottawa, Ontario, K2P 1X6
$250,000

Property Information:

Iconic Centre Town location now available as an asset sale with lease assumption at the corner of Bank Street and Somerset Street West. A turn-key, beautifully finished, contemporary interior fit up for a quick serve retail business. The space is 1,750 square feet situated directly on the North West corner of the intersection. The interior has high ceilings, two bathrooms, a kitchen prep area, service counter, bench and chair seating. This is a rare opportunity to acquire the lease rights to a prime retail corner space and grow your company. Benefit from high pedestrian and vehicular traffic in the urban core of Ottawa. The lease in place expires in June 2028 giving the next operator substantial long term security. The lease is triple net with a current base monthly rent of $6,000. The tenant pays building operating costs, HST and utilities in addition to the rent. (id:27)

Property Features:

  • Property Type: Business
  • Irregular: Yes
  • Lot Size: * ft X 0 ft
  • MaintenanceFee Type: Other, See Remarks
  • Zoning: TM[440] H(19)

Courtesy of: KELLER WILLIAMS INTEGRITY REALTY

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 290 BANK STREET, Ottawa, Ontario, K2P 1X6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

31 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

48/100

High

ClimateCheck®

Current data

This property, 290 BANK STREET , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 290 BANK STREET , experiences 11 significant 2-day storms per year, with about 319.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.5mm of precipitation per year.

Precipitation Per Storm

Past
319.2mm
2050
408.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 290 BANK STREET, Ottawa, Ontario, K2P 1X6

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$124,651.07

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.51 %

High school certificate or equivalent

18.56 %

Apprenticeship trade certificate/diploma

3.31 %

College/non-university certificate

13.82 %

University certificate (below bachelor)

3.21 %

University Degree

51.59 %

Commuter

Travel To Work

By Car

35.43 %

By Public Transit

19.65 %

By Walking

36.4 %

By Bicycle

2.59 %

By Other Methods

5.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

90.03 %

Houses

9.97 %

Own Vs. Rent

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