We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home ON Ottawa - Gatineau Ottawa Centretown
371-375 BANK STREET
Directions Print
371-375 BANK STREET $4,250,000
$4,250,000
Hide
Favourite

371-375 BANK STREET
Ottawa, Ontario K2P1Y2

MLS® Number: X12403627

Listing Description

371-375 Bank Street presents a rare opportunity to acquire a fully tenanted mixed-use building in one of Ottawa's most dynamic and established neighbourhoods. Spanning 7,930 sq. ft., the property features a 3,070 sq. ft. ground-floor commercial unit, currently leased to the well-known local grocer Herb & Spice under a 10-year lease with an option to extend, providing investors with secure, long-term cash flow from a trusted tenant. Above, six well-maintained residential units add further income diversity and consistent rental demand. Situated in the vibrant Centretown district, the property benefits from exceptional visibility and steady pedestrian traffic along Bank Street, one of the city's most recognized commercial corridors. Tenants enjoy immediate access to public transit, retail, restaurants, and essential services, while investors benefit from the strong fundamentals of this highly sought-after location. With its mix of secure commercial tenancy, desirable residential units, and prime urban setting, 371 Bank Street offers a turnkey investment opportunity with both stability and long-term value growth. (41266063)

Location Description

Cross Streets: Bank Street & Lewis Street. ** Directions: North corner of Bank & Lewis.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
4103 - Ottawa Centre
Land Size
50 x 80 FT
Annual Property Taxes
$34,633.39
Time on REALTOR.ca
96 days

Building

Heating & Cooling
Cooling
None
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Highway, Recreation

Measurements

Square Footage
7930 sqft

Land

Lot Features
Frontage
50 ft
Land Depth
80 ft
Other Property Information
Zoning Description
TMH(19)
Data provided by: Ottawa Real Estate Board
Are you interested in touring this listing?
Request a showing

Similar Listings

Dave McGahan