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797-801 Bank St 3,152 SF 100% Leased Retail Building Ottawa, ON K1S 3V7 $3,500,000 CAD ($1,110.41 CAD/SF) 5.16% Cap Rate
Executive Summary
Prime commercial building in the heart of the Glebe - one of Ottawa’s trendiest neighbourhoods! A vibrant mix of restaurants, shops and tree lined streets with a rich history. The building is leased to 3 established tenants including Little Victories Cafe, Magpie Jeweller, and Viens Avec Moi Clothing (view lease terms on the following page below). Ideal investment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,152 SF
Building Class
C
Year Built
1910
Price
$3,500,000 CAD
Price Per SF
$1,110.41 CAD
Cap Rate
5.16%
NOI
$180,542 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
13’
Building FAR
0.89
Lot Size
0.08 AC
Frontage
59’ on Bank St
Amenities
- Bus Line
- Signage
- Signalized Intersection
Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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797-801 Bank St
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