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Highlights

  • Currently improved as a fitness (spin) studio with changes room and shower facilities.
  • Appointed lobby area

All Available Spaces(2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste 2
  • 1,550 SF
  • Negotiable
  • $40.00 CAD/SF/YR $3.33 CAD/SF/MO $62,000 CAD/YR $5,167 CAD/MO
  • Retail
  • Full Build-Out
  • 30 Days

Located in the heart of Centretown, this urban street front retail opportunity at 455 Bank Street offers an amazing opportunity to join Shoppers Drug Mart, Starbucks and LCBO. This 1,550 square foot unit has approximately 25ft. of frontage along Bank Street. It is currently improved as a fitness (spinning) studio with shower and change room facilities. There are 50-underground parking spots available for customers use at the property. With 17,576 drive-by traffic and 3,870 pedestrians, this location is a hub of activity in Downtown Ottawa.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • High Ceilings
  • Located in-line with other retail
  • Can be combined with additional space(s) for up to 3,100 SF of adjacent space
  • 1st Floor, Ste 3
  • 1,550 SF
  • Negotiable
  • $42.50 CAD/SF/YR $3.54 CAD/SF/MO $65,875 CAD/YR $5,490 CAD/MO
  • Retail
  • -
  • Now

Ground floor former Starbucks location for lease

  • Can be combined with additional space(s) for up to 3,100 SF of adjacent space
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste 2 1,550 SF Negotiable $40.00 CAD/SF/YR $3.33 CAD/SF/MO $62,000 CAD/YR $5,167 CAD/MO Retail Full Build-Out 30 Days
1st Floor, Ste 3 1,550 SF Negotiable $42.50 CAD/SF/YR $3.54 CAD/SF/MO $65,875 CAD/YR $5,490 CAD/MO Retail - Now

1st Floor, Ste 2

Size
1,550 SF
Term
Negotiable
Rental Rate
$40.00 CAD/SF/YR $3.33 CAD/SF/MO $62,000 CAD/YR $5,167 CAD/MO
Space Use
Retail
Build-Out
Full Build-Out
Available
30 Days

1st Floor, Ste 3

Size
1,550 SF
Term
Negotiable
Rental Rate
$42.50 CAD/SF/YR $3.54 CAD/SF/MO $65,875 CAD/YR $5,490 CAD/MO
Space Use
Retail
Build-Out
-
Available
Now

1st Floor, Ste 2

Size 1,550 SF
Term Negotiable
Rental Rate $40.00 CAD/SF/YR
Space Use Retail
Build-Out Full Build-Out
Available 30 Days

Located in the heart of Centretown, this urban street front retail opportunity at 455 Bank Street offers an amazing opportunity to join Shoppers Drug Mart, Starbucks and LCBO. This 1,550 square foot unit has approximately 25ft. of frontage along Bank Street. It is currently improved as a fitness (spinning) studio with shower and change room facilities. There are 50-underground parking spots available for customers use at the property. With 17,576 drive-by traffic and 3,870 pedestrians, this location is a hub of activity in Downtown Ottawa.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Can be combined with additional space(s) for up to 3,100 SF of adjacent space
  • High Ceilings

1st Floor, Ste 3

Size 1,550 SF
Term Negotiable
Rental Rate $42.50 CAD/SF/YR
Space Use Retail
Build-Out -
Available Now

Ground floor former Starbucks location for lease

  • Can be combined with additional space(s) for up to 3,100 SF of adjacent space

Property Facts

Total Space Available 3,100 SF
No. Units 320
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 234,165 SF
Year Built 2011

About the Property

Completed in 2011, Central Phase 1 is the first phase of a transformative three-phase, 540-unit LEED Gold mixed-use development in Ottawa’s Centretown. Spanning two city blocks just south of Bank Street and Gladstone Avenue, the project reimagined a once underutilized area between the downtown core and the vibrant Glebe neighbourhood, setting a new standard for urban living in the city. ? The mid-rise building features a mix of street-level retail, innovative “loft houses,” and residential condominiums above. Designed with a focus on contemporary architecture and sustainable urban planning, the property enjoys high foot traffic and excellent visibility. Anchored by national tenants like Shoppers Drug Mart and Starbucks, it offers a prime retail location in one of Ottawa’s most dynamic urban corridors.

Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100

Nearby Major Retailers

Tim Hortons
Starbucks
Independent Grocer
Shoppers Simply Pharmacy
NoodleBox
The Royal Oak
Loblaw
Second Cup Cafe
Farm Boy
RBC Royal Bank
  • Listing ID: 37862793

  • Date on Market: 2025-10-15

  • Last Updated:

  • Address: 465 Bank St, Ottawa, ON K2P 1Z2

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