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Highlights

  • Highly visible two-storey retail and office building located at the bustling intersection of Bank Street and Somerset in Centretown.
  • Convenient access to Highway 417, major transit routes, and the Parliament O-Train Station for seamless connectivity.
  • Property features a full basement, modern electrical system with 200 AMP single-phase power, and individual meters for tenants.
  • Flexible leasing options with the ability to occupy individual floors or the entire building, including creative open-concept office space.
  • Close proximity to a dynamic mix of amenities such as restaurants, national institutions, the ByWard Market, and the Glebe retail district.
  • Pylon signage opportunity available to maximize street-level visibility in a high-traffic pedestrian and vehicle corridor.

All Available Spaces(3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • Lower Level
  • 6,000 SF
  • 3-5 Years
  • $10.00 CAD/SF/YR $0.83 CAD/SF/MO $60,000 CAD/YR $5,000 CAD/MO
  • Retail
  • Partial Build-Out
  • 60 Days

This two-storey walk-up retail/office building plus full height basement for a total building area of approx. 18,000 SF. Located in the heart of Centretown on one of the busiest corners at Bank and Somerset Street. A long-standing established Dollar Store occupies the ground floor and lower level of approx. 12,000 SF with a lease that expires August 31, 2026. The second-floor office tenant is renting on a month-to-month basis, and has approx. 6,000 SF of creative open concept office space includes a kitchenette and two large washrooms. Large staircase landings could accommodate a future elevator if desired by the purchaser. Opportunity for the purchaser to occupy part of or the whole building. No options to renew in place, but both tenants are willing to stay. This property sits on a 55' x 115' lot with easy access to HWY 417 and transit nearby including buses along Bank Street or a quick walk to the Parliament O-Train Station. Close proximity to many amenities such as shops, restaurants, Canal, Parliament, Glebe, ByWard Market and all that downtown Ottawa has to offer.

  • Rate includes utilities, building services and property expenses
  • Located in-line with other retail
  • Partially Built-Out as Standard Retail Space
  • Central Air and Heating
  • Ground
  • 6,000 SF
  • 3-5 Years
  • $30.00 CAD/SF/YR $2.50 CAD/SF/MO $180,000 CAD/YR $15,000 CAD/MO
  • Retail
  • Partial Build-Out
  • 60 Days

This two-storey walk-up retail/office building plus full height basement for a total building area of approx. 18,000 SF. Located in the heart of Centretown on one of the busiest corners at Bank and Somerset Street. A long-standing established Dollar Store occupies the ground floor and lower level of approx. 12,000 SF with a lease that expires August 31, 2026. The second-floor office tenant is renting on a month-to-month basis, and has approx. 6,000 SF of creative open concept office space includes a kitchenette and two large washrooms. Large staircase landings could accommodate a future elevator if desired by the purchaser. Opportunity for the purchaser to occupy part of or the whole building. No options to renew in place, but both tenants are willing to stay. This property sits on a 55' x 115' lot with easy access to HWY 417 and transit nearby including buses along Bank Street or a quick walk to the Parliament O-Train Station. Close proximity to many amenities such as shops, restaurants, Canal, Parliament, Glebe, ByWard Market and all that downtown Ottawa has to offer.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Display Window
  • Partially Built-Out as Standard Retail Space
  • Central Air and Heating
  • 2nd Floor
  • 6,000 SF
  • 3-5 Years
  • $15.00 CAD/SF/YR $1.25 CAD/SF/MO $90,000 CAD/YR $7,500 CAD/MO
  • Office
  • Partial Build-Out
  • 60 Days

This two-storey walk-up retail/office building plus full height basement for a total building area of approx. 18,000 SF. Located in the heart of Centretown on one of the busiest corners at Bank and Somerset Street. A long-standing established Dollar Store occupies the ground floor and lower level of approx. 12,000 SF with a lease that expires August 31, 2026. The second-floor office tenant is renting on a month-to-month basis, and has approx. 6,000 SF of creative open concept office space includes a kitchenette and two large washrooms. Large staircase landings could accommodate a future elevator if desired by the purchaser. Opportunity for the purchaser to occupy part of or the whole building. No options to renew in place, but both tenants are willing to stay. This property sits on a 55' x 115' lot with easy access to HWY 417 and transit nearby including buses along Bank Street or a quick walk to the Parliament O-Train Station. Close proximity to many amenities such as shops, restaurants, Canal, Parliament, Glebe, ByWard Market and all that downtown Ottawa has to offer.

  • Lease rate does not include utilities, property expenses or building services
  • Mostly Open Floor Plan Layout
  • Partially Built-Out as Standard Office
  • Central Air and Heating
Space Size Term Rental Rate Space Use Build-Out Available
Lower Level 6,000 SF 3-5 Years $10.00 CAD/SF/YR $0.83 CAD/SF/MO $60,000 CAD/YR $5,000 CAD/MO Retail Partial Build-Out 60 Days
Ground 6,000 SF 3-5 Years $30.00 CAD/SF/YR $2.50 CAD/SF/MO $180,000 CAD/YR $15,000 CAD/MO Retail Partial Build-Out 60 Days
2nd Floor 6,000 SF 3-5 Years $15.00 CAD/SF/YR $1.25 CAD/SF/MO $90,000 CAD/YR $7,500 CAD/MO Office Partial Build-Out 60 Days

Lower Level

Size
6,000 SF
Term
3-5 Years
Rental Rate
$10.00 CAD/SF/YR $0.83 CAD/SF/MO $60,000 CAD/YR $5,000 CAD/MO
Space Use
Retail
Build-Out
Partial Build-Out
Available
60 Days

Ground

Size
6,000 SF
Term
3-5 Years
Rental Rate
$30.00 CAD/SF/YR $2.50 CAD/SF/MO $180,000 CAD/YR $15,000 CAD/MO
Space Use
Retail
Build-Out
Partial Build-Out
Available
60 Days

2nd Floor

Size
6,000 SF
Term
3-5 Years
Rental Rate
$15.00 CAD/SF/YR $1.25 CAD/SF/MO $90,000 CAD/YR $7,500 CAD/MO
Space Use
Office
Build-Out
Partial Build-Out
Available
60 Days

Lower Level

Size 6,000 SF
Term 3-5 Years
Rental Rate $10.00 CAD/SF/YR
Space Use Retail
Build-Out Partial Build-Out
Available 60 Days

This two-storey walk-up retail/office building plus full height basement for a total building area of approx. 18,000 SF. Located in the heart of Centretown on one of the busiest corners at Bank and Somerset Street. A long-standing established Dollar Store occupies the ground floor and lower level of approx. 12,000 SF with a lease that expires August 31, 2026. The second-floor office tenant is renting on a month-to-month basis, and has approx. 6,000 SF of creative open concept office space includes a kitchenette and two large washrooms. Large staircase landings could accommodate a future elevator if desired by the purchaser. Opportunity for the purchaser to occupy part of or the whole building. No options to renew in place, but both tenants are willing to stay. This property sits on a 55' x 115' lot with easy access to HWY 417 and transit nearby including buses along Bank Street or a quick walk to the Parliament O-Train Station. Close proximity to many amenities such as shops, restaurants, Canal, Parliament, Glebe, ByWard Market and all that downtown Ottawa has to offer.

  • Rate includes utilities, building services and property expenses
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air and Heating

Ground

Size 6,000 SF
Term 3-5 Years
Rental Rate $30.00 CAD/SF/YR
Space Use Retail
Build-Out Partial Build-Out
Available 60 Days

This two-storey walk-up retail/office building plus full height basement for a total building area of approx. 18,000 SF. Located in the heart of Centretown on one of the busiest corners at Bank and Somerset Street. A long-standing established Dollar Store occupies the ground floor and lower level of approx. 12,000 SF with a lease that expires August 31, 2026. The second-floor office tenant is renting on a month-to-month basis, and has approx. 6,000 SF of creative open concept office space includes a kitchenette and two large washrooms. Large staircase landings could accommodate a future elevator if desired by the purchaser. Opportunity for the purchaser to occupy part of or the whole building. No options to renew in place, but both tenants are willing to stay. This property sits on a 55' x 115' lot with easy access to HWY 417 and transit nearby including buses along Bank Street or a quick walk to the Parliament O-Train Station. Close proximity to many amenities such as shops, restaurants, Canal, Parliament, Glebe, ByWard Market and all that downtown Ottawa has to offer.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Central Air and Heating
  • Display Window

2nd Floor

Size 6,000 SF
Term 3-5 Years
Rental Rate $15.00 CAD/SF/YR
Space Use Office
Build-Out Partial Build-Out
Available 60 Days

This two-storey walk-up retail/office building plus full height basement for a total building area of approx. 18,000 SF. Located in the heart of Centretown on one of the busiest corners at Bank and Somerset Street. A long-standing established Dollar Store occupies the ground floor and lower level of approx. 12,000 SF with a lease that expires August 31, 2026. The second-floor office tenant is renting on a month-to-month basis, and has approx. 6,000 SF of creative open concept office space includes a kitchenette and two large washrooms. Large staircase landings could accommodate a future elevator if desired by the purchaser. Opportunity for the purchaser to occupy part of or the whole building. No options to renew in place, but both tenants are willing to stay. This property sits on a 55' x 115' lot with easy access to HWY 417 and transit nearby including buses along Bank Street or a quick walk to the Parliament O-Train Station. Close proximity to many amenities such as shops, restaurants, Canal, Parliament, Glebe, ByWard Market and all that downtown Ottawa has to offer.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Central Air and Heating

Features and Amenities

  • Signage

Property Facts

Building Type
Office
Year Built
1965
Building Height
2 Stories
Building Size
18,000 SF
Building Class
C
Typical Floor Size
6,000 SF
Unfinished Ceiling Height
14’
Parking
Surface Parking

Select Tenants

  • Floor
  • Tenant Name
  • Industry
  • GRND
  • Dollar It
  • Retailer
  • 2nd
  • Godzspeed
  • Professional, Scientific, and Technical Services
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100
  • Listing ID: 40351135

  • Date on Market: 2026-04-30

  • Last Updated:

  • Address: 299 Bank St, Ottawa, ON K2P 1X7

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