RetailMLS® X14159294$1
4023 Carling Avenue
Ottawa, Ontario K2K2A3
- 15,000 sq ft
502 Bank Street
Ottawa, Ontario K2P1Z4
$3,750,000
MLS® X14160010
- 10,010 sq ftInterior
- Bldg=65.71 x 99.21 FTLot size
Overview
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:57793)
Property details
- MLS® number
- X14160010
- Price
- $3,750,000
- Listing
- For sale
- Property type
- Retail
- Building type
- Residential Commercial Mix
- Interior size
- 10,010 sq ft
- Lot size
- Bldg=65.71 x 99.21 FT
- Heating
- Other
- Cooling
- Partially air conditioned
- Water
- Municipal water
- Zoning
- MS1 H(30)
- Annual taxes
- $51,142 (2026)
Features
- Irregular lot size
Location
- Address
- 502 Bank Street
- City
- Ottawa
- Area
- 4103 - Ottawa Centre
- Province
- Ontario
- Postal code
- K2P1Z4
- Country
- Canada
