NewFor Sale

371-375 Bank Street
Ottawa Centre, Ottawa, ON, K2P 1Y2

Commercial Retail
TRREB
MLS® Number: X12403624
$4,250,000List Price
Commercial RetailProperty Type
7,930 sq ftSize
$34,633.39 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 371-375 Bank Street, Ottawa Centre, ON K2P 1Y2

No listing history available for this property

0 Transactions by CPRB Agents

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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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$34,633.39 / 2025
Listing #:X12403624
Property Type:Commercial Retail
Size:7,930 sq ft
Land Size:49.97 x 49.97
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:CLV REALTY CORPORATION

Rooms

Details

Property

Property Type:Commercial Retail
Community:4103 - Ottawa Centre
Municipality:Ottawa

Building

Size:7,930 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Hot Water

Land

Cross Street:Bank & Lewis

$4,250,000

List price

371-375 Bank Street, Ottawa Centre – Commercial Retail for sale