#B 889 Bank Street, Ottawa - Business for Sale
#B 889 Bank Street, Ottawa, Ontario, K1S3W4
Description
Turnkey resale/thrift retail business for sale in the heart of The Glebe on iconic Bank Street. Approx. 1,028 sq ft of well-located retail space with an established customer base and strong neighbourhood foot traffic. Business assets, fixtures, brand and goodwill included in the sale. Bonus income: a separate 200 sq ft lower-level room, the Portal Room, is rented out for events and short-term bookings, generating an estimated $1000 dollars per month, tracked separately from retail sales. Lease in place with landlord; remaining term available for review by qualified purchasers. Financials available to qualified purchasers upon execution of a confidentiality agreement. Do not go direct or speak to staff - all showings and inquiries through listing brokerage only. (id:66096)
Property Details
- MLS®
- X13631668
- Property Type
- Business
- Zoning
- Retail
- Heating
- Other
- Cooling
- Fully air conditioned
- Listed
- 94 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 94 days on market, against an average age of 62 days across the listings currently for sale in this city
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K1S)
This home lists at $80,000, about 0.8× the local median household income of $106,000.
Carrying it typically needs a household income of about $15,627 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $106,000
- Population
- 31,257
- Median age
- 39.2
- Owner / renter
- 51% / 49%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA K1S)
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$80,000
Ottawa