Price: $30,000

290 Bank Street, Ottawa Centre, ON K2P 1X6

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.


Property Overview

Property type

Commercial - Sale Of Business

Building Area

1750 Square Feet

List Price

$30,000

Gross Income

N/A

Annual Taxes

$0

Tax year

2025

Business Type

Other

Years in Business

N/A

Location

Ottawa Centre, ON

Status

Active

Franchise

No

Last Updated

Similar Listings for SaleView all listings

Financial Information

Gross Revenue

Annual revenue

Seller's Discretionary Earnings

Normalized earnings

EBITDA

Operating profit

Financial Verification

All financial information is subject to verification during due diligence. Contact the seller for detailed financial statements and documentation.

Map View

Some information about this property -

Agent

Book a Showing

Check Out this business!

I agree to receive marketing and customer service calls and text messages from Bizmonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe.