290 Bank Street, Ottawa
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 $5,700 per month, the additional rent is $2,354 for building operating costs, HST, insurance, etc. (id:1945)
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Property details for 290 Bank Street, Ottawa
- Type
- Commercial
- Living Area
- 1,750 square feet
- Lot Size
- Unit=37.45 x 98.88 FT
- Heating
- Forced air
- Cooling
- Fully air conditioned
Nearby Listings Stat
Estimated price and comparable properties near 290 Bank Street
Active Listings
612
Min Price
$20,000
Max Price
$12,000,000
Avg Price
$845,642
Days on Market
73
days
Sold Listings
164
Min Sold Price
$115,000
Max Sold Price
$5,195,000
Avg Sold Price
$783,213
Days until Sold
80
days
Price History
Listed
May 5, 2026
by ROYAL LEPAGE INTEGRITY REALTY
Current Price
$20,000
-33.3% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $20,000 | $10,000 (-33.3%) |
| May 5, 2026 | $30,000 | Listed |
