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$ 3,750,000
Est. payment /mo
New
502 Bank ST Ottawa Centre, ON K2P 1Z4
10,010 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 10,010 sqft
Price per Sqft $374
Subdivision 4103 - Ottawa Centre
MLS Listing ID X14160010
Annual Tax Amount $51,141
Tax Year 2026
Lot Size 6,297 Sqft
Property Sub-Type Store W Apt/Office
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.
Location
Province ON
County Ottawa
Area Ottawa
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 65.71
Lot Depth 99.21
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
Listed by SUTTON GROUP - OTTAWA REALTY