502 BANK STREET, Ottawa, ON K2P1Z4
502 BANK STREET, Ottawa, ON K2P1Z4
502 BANK STREET, Ottawa, ON K2P1Z4
502 BANK STREET, Ottawa, ON K2P1Z4
502 BANK STREET, Ottawa, ON K2P1Z4
502 BANK STREET, Ottawa, ON K2P1Z4
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$ 3,750,000
Est. payment | /mo

10,010 SqFt


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$ 3,750,000
Est. payment | /mo
Save

10,010 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 10010

Square Footage 10,010 sqft

Price per Sqft $374

Subdivision 4103 - Ottawa Centre

MLS® Listing ID X14160010

Property Description

Exceptional opportunity to acquire a well-established income property. Located on the vibrant corner of Bank Street and Arlington Ave, this offering includes 502-510 Bank Street and 5 Arlington Avenue, comprising 9 income-generating units: 5 commercial storefronts and 4 residential apartments. The commercial component features a diverse mix of established businesses, including restaurants, retail and a coffee shop, while the residential units consist of two one-bedroom and two bachelor apartments. Ideally situated in a high-visibility, pedestrian-friendly location surrounded by thriving businesses and established residential neighbourhoods. The property has benefited from numerous capital improvements over the years, including roof replacements, resurfaced parking areas and updated mechanical systems. An attractive turnkey investment offering diversified revenue streams in one of Ottawa's most sought-after urban commercial corridors. (id:24570)

Location

State ON

Rooms

Kitchen 0.0

Interior

Heating Other

Cooling Partially air conditioned

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

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Listed by SUTTON GROUP - OTTAWA REALTY

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Maha Shahbazian

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502 BANK STREET