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1637 Bank St 4,200 SF of Office/Retail Space Available in Ottawa, ON K1V 7Y9
Highlights
- Prime location along Bank Street, Between Heron Rd and Walkley Rd
- Close access to the Downtown core
- Close proximity to Ottawa International Airport
- Steps away from public transit
- Next to many amenities, including restaurants, coffee shops, bars, banks, and fitness centres; across from Canadian Tire and Shoppers Drug Mart
- Modern facility with elevators, bright windows, private washrooms, and ample parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,200 SF | 1-10 Years | $28.00 CAD/SF/YR $2.33 CAD/SF/MO $117,600 CAD/YR $9,800 CAD/MO | Triple Net (NNN) |
1st Floor
Exciting opportunity for businesses seeking an ideal location with high traffic exposure! Retail/Office building available for lease on Bank Street, boasting Arterial Mainstreet (AM) zoning. Impressive approx. 8683 sqft. space is offered in a pristine "base building" condition, featuring raw concrete floors and ceilings, ready for you to customize and finish according to their needs. The building includes an accessible elevator, and large windows that flood the interior with natural light. Additionally, there are private washrooms and on-site parking available. The location offers fantastic visibility and high traffic exposure, making it a perfect fit for businesses such as law firms, accounting firms, medical or any service-based businesses looking to benefit from the lively Bank Street environment. Don't miss out on this incredible opportunity to establish your business in a prime location. Asking Retail $35 + additional rent + HST and Office $15 + additional rent + HST. Additional rent is approx. $15 per sqft. Retail is 101 - 4226 and office is 301- 3034 ,401- 1422 in pictures
- Lease rate does not include utilities, property expenses or building services
- Signage opportunities
- modern space
- Storefront windows
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 4,200 SF | Gross Leasable Area | 12,600 SF |
| Property Type | Retail | Year Built | 2019 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.19/1,000 SF |
| Total Space Available | 4,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,600 SF |
| Year Built | 2019 |
| Parking Ratio | 1.19/1,000 SF |
About the Property
Prime Retail & Office Space for Lease on Bank Street, Ottawa - 4,226 Sq. Ft. | MS2 Zoning. Approx. 4,226 sq. ft. of high-visibility commercial space available in Ottawa's busy Bank Street corridor, offering excellent exposure and strong foot and vehicle traffic. Zoned MS2 (Mainstreet), this versatile unit permits a wide range of uses including retail, office space, medical clinics, and professional services, as well as harder-to-find uses such as fitness and recreation facilities, instructional space, daycare, place of assembly, artist or production studio, indoor entertainment, catering or restaurant, and select small-scale commercial or distribution operations. The unit is delivered in base building condition with raw concrete floors and ceilings, providing a blank canvas for full tenant customization. Features include large windows with abundant natural light, accessible elevator, private washrooms, on-site parking, and proximity to public transit, shopping, and amenities. Lease rate is $28.00 per sq. ft. net plus $15.00 per sq. ft. additional rent and HST. Unit 101. Exceptional opportunity to secure flexible retail or office space in Ottawa with rare MS2 zoning in a prime central location.
- Atrium
- Bus Line
- Fenced Lot
- Signage
- Air Conditioning
Nearby Major Retailers
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1637 Bank St
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