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371-375 Bank Street
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$4,250,000 Sale
Listed 4 hours ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 371-375 Bank Street
Key Facts
Key facts for 371-375 Bank Street
Property Type
Commercial
Parking
None
MLS #
X12403624
Size
-
Basement
-
Listed on
2025-09-12
Lot size
50 x 49.97
Tax
$34,633.39 /yr
Days on Market
3
Approximate Age
-
Maintenance Fee
-
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 H...erb & 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.
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Courtesy of: CLV REALTY CORPORATION